Ahead of ABS, Roy Morgan unemployment rises

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By Leith van Onselen

Ahead of the ABS’ labour force release later today, the latest Roy Morgan Research (RMR) unemployment estimate for May registered a 0.3% rise in unemployment to 10.7%, with the unemployment rate also up by 0.4% from a year ago (see next chart).

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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.
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