Roy Morgan unemployment rises again

From RM this afternoon:

In September 2013 an estimated 1.3 million Australians (10.4% of the workforce) were unemployed. This is up 46,000 (0.3%) from last month. The Australian workforce* was 12,467,000 (up 90,000) comprising 7,413,000 full-time workers (down 27,000), 3,757,000 part-time workers (up 71,000) and 1,297,000 looking for work (up 46,000) according to the Roy Morgan monthly employment estimates. These figures do not include people who have dropped out of the workforce and given up looking.

Among those who were employed 989,000 Australians (7.9% of the workforce*) were under-employed, i.e. working part-time and looking for more work. This is 17,000 fewer than a month ago (down 0.2%).

In September in total an estimated 2.286 million Australians (18.3% of the workforce) were unemployed or under-employed. This is up 0.1%, or 29,000 from August, but much higher than 12 months ago in September 2012 (up 170,000, 0.9% from 2.116 million).

Of those looking for work an estimated 607,000 Australians (down 24,000) were looking for full-time work, while 690,000 (up 70,000) were looking for part-time work.

The latest Roy Morgan unemployment estimate of 10.4% is a substantial 4.6% more than currently quoted by the ABS for August 2013 (5.8%) – the Abbott Government needs to immediately establish a working committee to demand the ABS release the true and complete unemployment figures each month.