Roy Morgan unemployment 9.2% in June

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The latest Roy Morgan Research (RMR) unemployment estimate for June fell 1.1% to 9.2%, but was up 0.5% year-on-year:

Labour underutilisation also fell to 18.6%, down 0.3% year-on-year:

Below are the key points from 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.