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Australia Aug Unemployment 3.7%

AUSTRALIA DATA
MNI (Singapore)

In trend terms, in August 2023:

  • unemployment rate remained at 3.7%.
  • participation rate increased to 67.0%.
  • employment increased to 14,096,100.
  • employment to population ratio remained at 64.5%.
  • underemployment rate increased to 6.5%.
  • monthly hours worked increased to 1,954 million.

In seasonally adjusted terms, in August 2023:

  • unemployment rate remained at 3.7%.
  • participation rate increased to 67.0%.
  • employment increased to 14,107,900.
  • employment to population ratio increased to 64.5%.
  • underemployment rate increased to 6.6%.
  • monthly hours worked decreased to 1,941 million.
  • full-time employment increased by 2,800 to 9,849,800 people.
  • part-time employment increased by 62,100 to 4,258,100 people.
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