Unemployment in detail: broad-based improvement

Thursday 20 July 2017

As summarised earlier, the Australian Bureau of Statistics (ABS) today released its labour force report for June, which registered a solid 14,000 increase in total employment and no change to the headline unemployment rate (still 5.6% after last month’s figure was revised upwards).

In trend terms, the unemployment rate fell marginally from 5.68% to 5.64%:

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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.