Market news
18.10.2018, 06:30

Australian unemployment rate declined 0.3% to 5.0% in September

Trend estimates (monthly change):

Employment increased 26,400 to 12,640,800.

Unemployment decreased 10,500 to 688,500.

Unemployment rate remained steady at 5.2%.

Participation rate remained steady at 65.6%.

Monthly hours worked in all jobs increased 2.8 million hours (0.2%) to 1,755.7 million hours.

Seasonally adjusted estimates (monthly change):

Employment increased 5,600 to 12,636,300. Full-time employment increased 20,300 to 8,654,400 and part-time employment decreased 14,700 to 3,981,900.

Unemployment decreased 37,200 to 665,800. The number of unemployed persons looking for full-time work decreased 38,000 to 449,700 and the number of unemployed persons only looking for part-time work increased 900 to 216,100.

Unemployment rate decreased by 0.3 pts to 5.0%.

Participation rate decreased by 0.2 pts to 65.4%.

Monthly hours worked in all jobs increased 6.2 million hours (0.4%) to 1,757.5 million hours.

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