Unemployment in detail: Labour market drift

Thursday 18 May 2017

As summarised earlier, the Australian Bureau of Statistics (ABS) today released its labour force report for April, which registered a 37,400 increase in total employment and a 0.2% decline in the headline unemployment rate to 5.7%.

In trend terms, the unemployment rate remained dead flat (still 5.81%):

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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.