June 13, 2024 02:06 GMT
Australia May Unemployment Rate 4.0%
AUSTRALIA DATA
MNI (Singapore)
In trend terms, in May 2024:
- unemployment rate increased to 4.0%.
- participation rate remained at 66.7%.
- employment increased to 14,355,100.
- employment to population ratio remained at 64.1%.
- underemployment rate remained at 6.7%.
- monthly hours worked increased to 1,958 million.
In seasonally adjusted terms, in May 2024:
- unemployment rate decreased to 4.0%.
- participation rate remained at 66.8%.
- employment increased to 14,355,600.
- employment to population ratio remained at 64.1%.
- underemployment rate remained at 6.7%.
- monthly hours worked decreased to 1,951 million.
- full-time employment increased by 41,700 to 9,899,900 people.
- part-time employment decreased by 2,100 to 4,455,700 people.
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