Jobless rate steady at 5.1pc


Australia’s unemployment rate remained at a steady 5.1 percent in September, according to new ABS data

October 7, 2010

Australia’s unemployment rate remained at a steady 5.1 percent in September, according to new figures out today.

As reported by the ABS, the number of people employed increased by 49,500 to 11.325 million over the month.

The rise in employment was driven by an increase in full-time employment, up 55,800 people to 7.985 million.

However, this was partially offset by a decrease in part-time employment, down 6,300 people to 3.340 million.

The number of people unemployed increased by 2,400 people to 611,000 over the month.

The ABS seasonally adjusted monthly aggregate hours worked series shows a fall in September, down 1 million hours to 1,594.1 million hours.

Finally, the participation rate increased 0.2 percentage points to 65.6 percent.



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