Roy Morgan September unemployment is out and climbed 0.2% in September, with a steady rising trend:
In September 2012 an estimated 1.213 million Australians (10% of the workforce, up 0.2% in a month) were unemployed, and the Australian workforce* was 12,150,000, (down 129,000 in a month) — comprising 7,345,000 full-time workers (up 82,000); 3,592,000 part-time workers (down 219,000) and 1,213,000 looking for work (up 8,000) according to Roy Morgan.
A further 903,000 Australians are under-employed – working part-time and looking for more work. This is 23,000 less than a month ago, and represents 7.4% of the workforce* — down 0.1% this month.
In total 2.116 million Australians were unemployed or under-employed in September is virtually unchanged with 15,000 less than last month, 17.4% (up 0.1%) of the workforce. However, this is up a significant 462,000 over the past 12 months since September 2011.
The latest Roy Morgan unemployment estimate of 10.0% is now nearly double the 5.1% currently quoted by the ABS for August 2012.