Jobless rate hits 5.3pc in July


Australia's unemployment rate rose 0.2 percentage points to 5.3 percent in July, according to new ABS figures

Jobless rate hits 5.3pc in July
Jobless rate hits 5.3pc in July
August 12, 2010

Australia's unemployment rate rose 0.2 percentage points to 5.3 percent in July, seasonally adjusted, according to new data out today.

As reported by the ABS, the number of people employed nationally increased by 23,500 people to 11.236 million.

The rise in employment was driven by a spike in part-time employment, up 27,700 people to 3.369 million, which was slightly offset by a fall in full-time employment, down 4,200 people to 7.866 million.

The number of people unemployed increased in July, up 24,600 people to 631,800.

The ABS seasonally adjusted monthly aggregate hours worked series showed a fall in July, down 7.2 million hours to 1,578.5 million hours.

Meanwhile, the participation rate in July increased 0.2 percentage point to 65.5 percent.

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