• Australia's unemployment rate remains unchanged at 6.2% in September

Market news

15 October 2015

Australia's unemployment rate remains unchanged at 6.2% in September

The Australian Bureau of Statistics released its labour market data on Thursday. Australia's unemployment rate remained unchanged at 6.2% in September, beating expectations for a rise to 6.3%. The number of employed people in Australia declined by 5,100 in September, missing forecast of a rise by 5,000, after a gain by 18,000 in August. August's figure was revised up from a rise by 17,400.

Full-time employment fell by 13,900 in September, while part-time employment climbed by 8,900.

The participation rate declined to 64.9% in September from 65.0% in August.

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