Australian Unemployment Up to 5.7% in June


Australia's seasonally adjusted unemployment rate was 5.7 percent in June 2013, compared to a revised 5.6 percent in May. Australian employers hired more workers in June but the much more rapid growth in the population drove the jobless rate to its highest in almost four years.

The number of people unemployed increased by 23,700 people to 709,300 in June. The number of persons looking for full-time work increased 16,900 to 525,900 and the number of persons looking for part-time work increased 6,800 to 183,400. The unemployment rate registered a rise of 0.5 percentage points when compared to the same month of the previous year.

The number of people employed increased by 10,300 to 11,668,500 in June. The increase in employment was due to increased part-time employment, up 14,800 people to 3,524,100, offset by decreased full-time employment, down 4,400 to 8,144,500. The increase in total employment was mainly driven by increases in female part-time and male part-time employment.

The seasonally adjusted labour force participation rate increase of 0.1 percentage points to 65.3 per cent in June. The monthly seasonally adjusted aggregate hours worked showed an increase in June, up 8.8 million hours to 1,638.6 million hours.

Australian Unemployment Up to 5.7% in June


ABS | Nuno Fontes | nuno@tradingeconomics.com
7/11/2013 9:06:23 AM