The headline unemployment rate for December has risen to 5.8% from an upwardly revised 5.7%
From the ABS:
SEASONALLY ADJUSTED ESTIMATES (MONTHLY CHANGE)
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- Employment increased 13,500 to 11,985,900. Full-time employment increased 9,300 to 8,176,500 and part-time employment increased 4,200 to 3,809,500.
- Unemployment increased 14,700 to 741,100. The number of unemployed persons looking for full-time work increased 15,000 to 528,900 and the number of unemployed persons only looking for part-time work decreased 300 to 212,200.
- Unemployment rate increased 0.1 pts to 5.8%.
- Participation rate increased 0.1 pts to 64.7%.
- Monthly hours worked in all jobs increased 6.9 million hours to 1,670.4 million hours.
More detailed analysis from Leith later…