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Australia Economy: 
Australian Jobless Rate Rises to 4.1% in March
Author: 123jump.com Staff
123jump.com
Last Update: 9:34 AM EDT April 10 2008


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Unemployment rate increased by 0.1 percentage point to 4.1%. The male unemployment rate increased by 0.3 percentage points to 3.9%, and the female unemployment rate decreased by 0.2 percentage points to 4.2%.

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


TREND ESTIMATES (MONTHLY CHANGE)

EMPLOYMENT increased to 10,677,000
UNEMPLOYMENT decreased to 449,400
UNEMPLOYMENT RATE decreased to 4.0%
PARTICIPATION RATE remained at 65.2%


SEASONALLY ADJUSTED ESTIMATES (MONTHLY CHANGE)

Employment increased by 14,800 to 10,681,600. Full-time employment increased by 5,300 to 7,637,900 and part-time employment increased by 9,500 to 3,043,800.

Unemployment increased by 13,800 to 453,200. The number of persons looking for full-time work increased by 19,900 to 312,900 and the number of persons looking for part-time work decreased by 6,100 to 140,200.

Unemployment rate increased by 0.1 percentage point to 4.1%. The male unemployment rate increased by 0.3 percentage points to 3.9%, and the female unemployment rate decreased by 0.2 percentage points to 4.2%.

Participation rate remained steady at 65.2%.


Available at:

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