Australia Unemployment Rate Down to 5.5% in April


Australia's seasonally adjusted unemployment rate was estimated at 5.5 percent in April, as announced by the Australian Bureau of Statistics (ABS) today. The ABS reported the number of people employed increased by 50 thousand to 11.663 million in April.

Both full-time and part-time employment increased, with full-time employment up 34,500 to 8.159 million people and part-time employment up 15,600 people to 3.503 million. The increase in total employment was driven by increases in part-time and full-time employment for both males and females.

The number of people unemployed decreased by 2,700 people to 685,300 in April. The ABS monthly seasonally adjusted aggregate hours worked series increased in April, up 10.9 million hours (0.7 percent) to 1,643.3 million hours.
 
The ABS reported a seasonally adjusted labour force participation rate increase of 0.2 percentage points to 65.3 percent in April. 

ABS | Nuno Fontes | nuno@tradingeconomics.com
5/9/2013 8:40:43 AM