Australia's Jobless Rate Falls to 6.2% in August


Australia's seasonally adjusted unemployment rate slightly decreased to 6.2 percent in August of 2015 from 6.3 percent reported in the previous month and matching market consensus. The economy added 17,400 jobs and the number of unemployed declined by 14,400.

The seasonally adjusted labour force participation rate decreased to 65.0 percent from 65.1 percent in July.

Employment increased to 11,775,800: full-time employment rose by 11,500 to 8,141,000 and part-time employment was up by 5,900 to 3,634800.

Unemployment decreased by 14,400 to 781,100. The number of unemployed persons looking for full-time work decreased 3,500 to 561,400 and the number of unemployed persons only looking for part-time work decreased by 11,000 to 219,700.

Seasonally adjusted aggregate monthly hours worked in all jobs decreased 0.6 million hours to 1,623.8 million hours.

ABS l Rida Husna | rida@tradingeconomics.com
9/10/2015 2:59:01 AM