Australia's Unemployment Rate Up to 5.2% in February


Australia's seasonally adjusted unemployment rate increased 0.1 percentage points to 5.2 per cent in February.

The number of people employed decreased by 15,400 to 11,444,000 in February. The decrease in employment was driven by decreased part-time employment, down 15,400 people to 3,380,400, while full-time employment remained at 8,063,600. The decrease in seasonally adjusted part-time employment was driven by a decrease in female part-time employment.

The number of people unemployed increased by 16,400 people to 632,200.

The labour force participation rate decreased by 0.1 percentage points to 65.2 per cent.

The ABS monthly aggregate hours worked series showed an increase in February, up 21.6 million hours to 1,616.6 million hours.


TradingEconomics.com, ABS
3/8/2012 12:29:16 PM