• Mixed data from Australian labor force

Market news

15 September 2016

Mixed data from Australian labor force

- Employment increased 9,900 to 11,965,100.

- Unemployment decreased 400 to 721,000.

- Unemployment rate remained steady at 5.7%.

- Participation rate remained steady at 64.8%.

- Monthly hours worked in all jobs increased 1.7 million hours to 1,657.1 million hours.

- Employment decreased 3,900 to 11,963,700. Full-time employment increased 11,500 to 8,166,100 and part-time employment decreased 15,400 to 3,797,700.

- Unemployment decreased 10,500 to 713,300. The number of unemployed persons looking for full-time work increased 14,900 to 496,900 and the number of unemployed persons only looking for part-time work decreased 25,400 to 216,400.

- Unemployment rate decreased 0.1 pts to 5.6%.

- Participation rate decreased 0.2 pts to 64.7%.

- Monthly hours worked in all jobs decreased 3.9 million hours to 1,656.0 million hours.

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