Australia's Unemployment at 5.2% in July

Australia's seasonally adjusted unemployment rate was at 5.2 per cent in July, as announced by the Australian Bureau of Statistics (ABS) on August 9th., ABS 8/9/2012 9:38:33 AM

The ABS reported the number of people employed increased by 14,000 to 11,512,600 in July. The increase in employment was driven by increased full-time employment, up 9,200 people to 8,073,700, and part-time employment, up 4,800 people to 3,439,000. The increase in employment was driven by an increase in male and female full-time and female part-time employment.

The number of people unemployed decreased by 2,500 people to 635,100 in July, the ABS reported.

The ABS monthly aggregate hours worked series showed an increase in July, up 13.4 million hours to 1,625.1 million hours from a revised June 2012 estimate.

The ABS reported a labour force participation rate of 65.2 per cent in July.