Australia's Jobless Rate at 19-Month Low

Australia's seasonally adjusted unemployment rate surprisingly decreased to 5.8 percent in November of 2015 from 5.9 percent a month earlier and was the lowest since May 2014. The economy added 71,400 jobs, the largest gain since July 2000, and the number of unemployed declined by 2,800.
ABS l Rida Husna | rida@tradingeconomics.com 12/10/2015 1:36:43 AM
The seasonally adjusted labour force participation rate increased to 65.3 percent from 65.0 percent in October.

Employment increased to 11,900,600: full-time employment rose 41,600 to 8,205,800 and part-time employment was up by 29,700 to 3,694,800.

Unemployment decreased by 2,800 to 739,100. The number of unemployed persons looking for full-time work decreased 9,400 to 517,400 and the number of unemployed persons only looking for part-time work increased by 6,600 to 221,700.

Seasonally adjusted aggregate monthly hours worked in all jobs decreased 12.7 million hours (+0.8 percent) to 1,645.9 million hours.

Australia