The ABS has released its labour force data for April, which registered no change in the unemployment rate (still 5.7%) with 10,800 new jobs created over the month, albeit with full-time jobs declining, and hours worked also falling:
According to the ABS, in seasonally adjusted terms:
- Employment increased 10,800 to 11,917,200. Full-time employment decreased 9,300 to 8,165,600 and part-time employment increased 20,200 to 3,751,600.
- Unemployment increased 400 to 723,300. The number of unemployed persons looking for full-time work remained steady at 515,000 and the number of unemployed persons only looking for part-time work increased 400 to 208,200.
- Unemployment rate remained steady at 5.7%.
- Participation rate decreased by less than 0.1 pts to 64.8%.
- Monthly hours worked in all jobs decreased 17.9 million hours to 1,613.8 million hours.
Here’s the breakdown of unemployment by jurisdiction:
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I’ll be back shortly with my usual detailed report.
