Australia Jobless Rate Steady at 6.2% in September


Australia's seasonally adjusted unemployment rate remained unchanged at 6.2 percent in September of 2015 from a month earlier and below market consensus. The economy lost 5,100 jobs and the number of unemployed declined by 8,100.

The seasonally adjusted labour force participation rate decreased to 64.9 percent from 65.0 percent in August.

Employment decreased to 11,769,900: full-time employment fell by 13,900 to 8,124,400 and part-time employment was up by 8,900 to 3,645,500.

Unemployment decreased by 8,100 to 772,500. The number of unemployed persons looking for full-time work decreased 6,000 to 556,100 and the number of unemployed persons only looking for part-time work decreased by 2,200 to 216,500.

Seasonally adjusted aggregate monthly hours worked in all jobs increased 12.2 million hours (+0.7 percent) to 1,638.0 million hours.

ABS l Rida Husna | rida@tradingeconomics.com
10/15/2015 1:14:32 PM