Roy Morgan unemployment rises to 9.5% in October

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By Leith van Onselen

The latest Roy Morgan Research (RMR) unemployment estimate for October registered a 0.4% increase in the unemployment rate over the month and the key figure is a 0.3% increase over the year, with underemployment also rising significantly:

Below are the key points from 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.