• Australian unemployment rate higher than expected in December

Market news

19 January 2017

Australian unemployment rate higher than expected in December

  • Employment increased 13,500 to 11,985,900. Full-time employment increased 9,300 to 8,176,500 and part-time employment increased 4,200 to 3,809,500.

  • Unemployment increased 14,700 to 741,100. The number of unemployed persons looking for full-time work increased 15,000 to 528,900 and the number of unemployed persons only looking for part-time work decreased 300 to 212,200.

  • Unemployment rate increased 0.1 pts to 5.8%.

  • Participation rate increased 0.1 pts to 64.7%.

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