Australia's Unemployment Rate Steady at 4.9% in April

The seasonally adjusted Australian unemployment rate was steady at 4.9 per cent in April, as announced by the Australian Bureau of Statistics (ABS) on May 12., Australian Bureau of Statistics 5/12/2011 4:06:35 PM

The ABS reported the number of people employed decreased by 22,100 people to 11,436,500 in April. The decrease in employment was driven by a decrease in full-time employment, down 49,100 people to 8,056,800. The decrease in employment was partially offset by an increase in part-time employment, up 26,900 people to 3,379,700.

The number of people unemployed decreased by 9,800 people to 583,000 in April, reported the ABS.

The ABS monthly aggregate hours worked series showed a decrease in April, down 14.7 million hours to 1601.6 million hours.

The ABS reported labour force participation in April of 65.6 per cent, a decrease of 0.2 percentage points from March.