A Closer Look

Australia | Unemployment rate at 4.9% : 12-month low as people stop looking for a job

TREND ESTIMATES (MONTHLY CHANGE)

  • Employment increased to 11,484,200.
  • Unemployment decreased to 614,200.
  • Unemployment rate steady at 5.1% from a revised March 2012 rate.
  • Participation rate steady at 65.2% from a revised March 2012 rate.
  • Aggregate monthly hours worked increased to 1,624.1 million hours.

SEASONALLY ADJUSTED ESTIMATES (MONTHLY CHANGE)

  • Employment increased 15,500 (0.1%) to 11,501,000. Full-time employment decreased 10,500 (0.1%) to 8,062,800 and part-time employment increased 26,000 (0.8%) to 3,438,200.
  • Unemployment decreased 28,800 (4.6%) to 598,200. The number of persons looking for full-time work decreased 22,000 (4.9%) to 423,800 and the number of persons looking for part-time work decreased 6,800 to 174,500.
  • The unemployment rate decreased 0.2 pts to 4.9%. The male unemployment rate decreased 0.2 pts to 4.8% and the female unemployment rate decreased 0.2 pts to 5.1%.
  • The participation rate decreased 0.1 pts to 65.2%.
  • Aggregate monthly hours worked increased 6.6 million hours to 1,633.9 million hours.
Source:

Unemployment drops as job seekers give up – ABC News (Australian Broadcasting Corporation)

Australia’s unemployment rate dropped to a 12-month low of 4.9 per cent last month in a surprise result as people gave up looking for work.

The latest figures from the Australian Bureau of Statistics show a total of 15,500 jobs were created in April on a seasonally-adjusted basis, driven by a jump in part-time work.

While 26,000 part-time positions were created in the month, 10,500 full-time jobs disappeared…

Source:

Read More @ Unemployment drops as job seekers give up – ABC News (Australian Broadcasting Corporation).

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)

The Most Popular Job Search Tools

Even More Objectives Statements to customize

Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office

Follow Job Market Monitor on WordPress.com

Enter your email address to follow this blog and receive notifications of new posts by email.

Follow Job Market Monitor via Twitter

Categories

Archives

%d bloggers like this: