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Australia Economy: 
Australian Unemployment Rate Rises to 5.7%
Author: 123jump.com Staff
123jump.com
Last Update: 7:58 AM ET June 11 2009



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Unemployment rate increased by 0.2 percentage points to 5.7%.

 
The following is an unedited transcript of the news release from the Australian Bureau of Statistics.


TREND ESTIMATES (MONTHLY CHANGE)

Employment decreased to 10,788,100
Unemployment increased to 654,900
Unemployment rate increased to 5.7%
Participation rate remained steady at 65.5%

SEASONALLY ADJUSTED ESTIMATES (MONTHLY CHANGE)

EMPLOYMENT

decreased by 1,700 to 10,793,100. Full-time employment decreased by 26,200 to 7,643,100 and part-time employment increased by 24,500 to 3,150,000.


UNEMPLOYMENT

increased by 27,200 to 651,200. The number of persons looking for full-time work increased by 30,000 to 482,600 and the number of persons looking for part-time work decreased by 2,800 to 168,600.

UNEMPLOYMENT RATE

increased by 0.2 percentage points to 5.7%. The male unemployment rate increased by 0.3 percentage points to 5.9%, and the female unemployment rate increased by 0.1 percentage points to 5.4%.

PARTICIPATION RATE

increased by 0.1 percentage point to 65.5%.


Available at:

http://www.abs.gov.au/ausstats/abs%40.nsf/mf/6202.0
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