Australian Job Market Update
Wednesday, October 22, 2014 1:34 am
Australia's unemployment rate increased 0.1 percentage points to 6.1% in September 2014 (seasonally adjusted). The number of unemployed persons increased by 11,000 to 746,600 in September 2014 (seasonally adjusted).
In trend terms the unemployment rate remained steady at 6.0% in September 2014. The number of employed persons in September 2014 increased by 5,600 to 11,604,900 and the number of unemployed persons increased by 4,600 to 745,500 in trend terms. The trend participation rate remained steady at 64.6% in September 2014.
September 2014 saw the seasonally adjusted participation rate decrease 0.2 percentage points to 64.5%.
The seasonally adjusted number of employed persons decreased by 29,700 in September 2014 to 11,592,500 persons following a revised increase of 32,100 persons in August 2014. The decrease in September was driven by part-time employment. The employment to population ratio, which expresses the number of employed persons as a percentage of the civilian population aged 15 years and over, decreased 0.2 percentage points (based on unrounded estimates) to 60.6% (seasonally adjusted). In trend terms, the employment to population ratio decreased less than 0.1 percentage points to 60.7% (based on unrounded estimates).
For more information see http://www.abs.gov.au/ausstats/abs@.nsf/mf/6202.0