Market news
20.12.2018, 08:27

Australian unemployment rate decreased 0.1 pts to 5.1%, the lowest since early 2012

Trend estimates:

  • Employment  increased 28,800 to 12,694,800. Full-time employment increased 19,300 to 8,692,500 and part-time employment increased 9,500 to 4,002,300.

  • Unemployment decreased 3,000 to 684,400. Male unemployment decreased 500 persons and female unemployment decreased 2,500 persons.

  • Unemployment rate decreased less than 0.1 pts to 5.1%, the lowest since early 2012.

  • Participation rate increased less than 0.1 pts to 65.7%, the highest trend participation rate ever.

  • Monthly hours worked in all jobs increased 2.7 million hours to 1762.2 million hours.

Seasonally adjusted estimates:

  • Employment increased 37,000 to 12,694,300. Full-time employment decreased 6,400 to 8,684,600 and part-time employment increased 43,400 to 4,009,600.

  • Unemployment increased 12,500 to 683,100. Male unemployment increased 11,500 persons and female unemployment increased 1,000 persons.

  • Unemployment rate increased 0.1 pts to 5.1%.

  • Participation rate increased 0.2 pts to 65.7%.

  • Monthly hours worked in all jobs decreased 3.3 million hours  to 1,759.5 million hours.


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