Ahead of ABS, Roy Morgan unemployment falls

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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 August registered a 0.1% fall in unemployment to 10.4%, although the unemployment rate is still 1.2% higher than a year ago. However, there has been a bounce back in full-time jobs.

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According to Gary Morgan:

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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.