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The Australian Bureau of Statistics (ABS) yesterday released its detailed monthly labour force statistics, which includes breakdowns of employment and unemployment across Australia’s capital cities and regions.
According to this release, the unemployment rate in Australia’s capital cities was 6.5% in January in raw terms, up 0.9% from December. By comparison, unemployment in Australia’s rural and regional areas was 7.5% in January, which was up 1.1% from December.
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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.