Australian Unemployment Rate Steady at 5.7% in July


In July, Australia's unemployment rate was unchanged at 5.7 percent in both seasonally adjusted and unadjusted terms. The number of unemployed persons decreased slightly by 5,700 to 705,400.

In July, the seasonally adjusted participation rate decrease 0.2 percentage points to 65.1 percent as the number of employed persons fell by 10,200 to 11,653,200 persons. The employment to population ratio, which expresses the number of employed persons as a percentage of the civilian population aged 15 years and over, decreased to 61.4 percent.

Seasonally adjusted full-time employment fell in July 2013, down 6,700 persons to 8,133,900 persons while part-time employment fell by 3,500 persons to 3,519,300 persons. Despite the decrease in total employment, seasonally adjusted aggregate hours worked increased 7.9 million hours (0.5 percent) in July 2013 to 1,648.6 million hours.

ABS | Nuno Fontes | nuno@tradingeconomics.com
8/12/2013 4:24:40 PM