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Australia Oct Unemployment Up; 5.2% Y/Y

MNI (Singapore)
  • Australia seasonally adjusted estimates of unemployment rate increased to 5.2% in October, up from the previous 4.6%.
  • Participation rate increased to 64.7% from 64.5% in September.
  • Employment decreased 46,300 to 12,835,200.
  • Employment to population ratio decreased to 61.3%, following last 61.5%.
  • Underemployment rate increased to 9.5% from 9.2% registered in September.

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