Roy Morgan unemployment 8.8% in Oct

Wednesday 4 November 2015

Roy Morgan Research (RMR) has released its unemployment estimate for the month of October, which registered a 0.5% rise in the unemployment rate to 8.7% from 8.4% in September. However, unemployment was down 0.3% over the year (see next chart).

Here’s a summary of 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.