Australia's Jobless Rate Highest Since 2002


Australia's seasonally adjusted unemployment rate increased to 6.4 percent in January, compared with 6.1 percent in December 2014 as the number of employed people decreased by 12.2 Thousand.

The number of people employed decreased by 12,200 to 11,668,700 in January 2015 (seasonally adjusted). The decrease in employment was driven by decreased full-time employment for both males (down 26,000) and females (down 2,100). The decrease in full-time employment was partly offset by an increase in male part-time employment, up 17,800.

The seasonally adjusted labour force participation rate remained at 64.8 per cent in January 2015.

The ABS seasonally adjusted aggregate monthly hours worked series increased in January 2015, up 8.2 million hours (0.5 per cent) to 1,607.6 million hours.

The seasonally adjusted number of people unemployed increased by 34,500 to 795,200 in January 2015,

Australia


ABS | anna@tradingeconomics.com
2/12/2015 12:56:05 AM