Australia's Unemployment Rate Up to 5.2% in June

Australia's seasonally adjusted unemployment rate increased 0.1 percentage points to 5.2 per cent in June, as announced by the Australian Bureau of Statistics (ABS) on July 12th.
TradingEconomics.com, ABS 7/12/2012 12:59:34 PM

The ABS reported the number of people employed decreased by 27,000 to 11,500,500 in June. The decrease in employment was mainly driven by decreased full-time employment, down 33,500 people to 8,065,500, and was offset by an increase in part-time employment, up 6,600 people to 3,435,000. The decrease in employment was driven by a decrease in both male and female full-time employment.

The number of people unemployed increased by 7,200 people to 631,300 in June, the ABS reported.

Monthly aggregate hours worked showed a decrease in June, down 19.6 million hours to 1,602.1 million hours.

The ABS reported a decrease in the labour force participation rate of 0.2 percentage points in June to 65.2 per cent.


Australia