The ABS has released Labour Force for June
- Employment increased 14,000 to 12,166,900. Full-time employment increased 62,000 to 8,356,000 and part-time employment decreased 48,000 to 3,810,800.
- Unemployment increased 13,100 to 728,100. The number of unemployed persons looking for full-time work increased 9,200 to 500,600 and the number of unemployed persons only looking for part-time work increased 3,900 to 227,500.
- Unemployment rate remained steady at 5.6%, following a revised May 2017 estimate.
- Participation rate increased by 0.1 pts to 65%.
- Monthly hours worked in all jobs increased 8.9 million hours (0.5%) to 1,703.5 million hours.
Pretty good on the headline and detail. Enough to keep the world’s hottest currency pushing towards 80 cents.
More to come.
