Australia's Unemployment Steady at 4.9% in June

The seasonally adjusted Australian unemployment rate was steady at 4.9 per cent in June, as announced by the Australian Bureau of Statistics (ABS) on July 7., Australian Bureau of Statistics 7/7/2011 11:13:23 AM

The ABS reported the number of people employed increased by 23,400 to 11,455,200 in June. The increase in employment was driven by an increase in full-time employment, which was up by 59,000 people, three quarters of whom were women. This increase saw full-time employment reach a total of 8,082,100 people in June. This was offset by a decrease in part-time employment, down 35,600 people to 3,373,000.

The number of people who were unemployed decreased by 2,600 people to 591,000 in June, reported the ABS.

The ABS monthly aggregate hours worked series showed an increase in June, up 8.8 million hours to 1,611.5 million hours.

The ABS reported a labour force participation rate in June of 65.6 per cent.