Economy

Google Ad

Australia saw stronger than expected part time jobs growth in April but full time jobs fell, with Unemployment at 5.2% and Trend unemployment remaining steady at 5.1%. Participation highest since Dec of 2010.

Australia Jobs April 2019 

Australia Labour Market Report For August

Employment Change: +28.4K expected +15.0K, prior 25.7K

Unemployment Rate: 5.2% expected 5.0%, prior 5.1%

Full Time Employment Change: -6.3K prior +48.3K

Part Time Employment Change: +34.7K prior -22.6K

Australia Part Time Employment Change

Participation Rate: 65.8% 65.7% expected, prior 65.7%

Trend Employment (RBA Prefers This Data) 

  • Trend unemployment rate steady at 5.1 per cent
  • Trend Employment rose +21k
  • Trend Full-time employment increased by 15,000
  • Trend part-time employment increased by 6,000
  • Trend monthly hours worked increased by 0.3 per cent in April 2019 and by 2.8 per cent over the past year
  • Trend monthly underemployment rate remained steady at 8.3 per cent in April 2019 and decreased by 0.2 percentage points over the year
  • The monthly trend underutilisation rate increased by 0.1 percentage points to 13.4 per cent, and decreased by 0.6 percentage points over the year

"The unemployment rate remained at 5.1 per cent for a second month, 0.4 percentage points lower than the same time last year" ABS

Source: ABS,

From a Sunburnt Country

Log in to comment
Discuss this article in the forums (0 replies).