Roy Morgan unemployment jumps to 10.3%

Monday, 8 February 2016

Has the unemployment rate stopped falling? That’s the suggestion from the latest Roy Morgan Research (RMR) survey for January, which registered a 0.6% jump in unemployment to 10.3% – the highest reading since May 2015 – with unemployment also up by 0.5% year-on-year (see next chart).

Here’s a summary of the release:

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.