Roy Morgan: 20% of labour out of work or under-employed

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By Leith van Onselen

The latest Roy Morgan Research (RMR) unemployment estimate for January registered a large 0.7% fall in the unemployment rate over the month (to 9.1%), as well as a 0.6% decline over the year, with part-time employment driving the jobs growth:

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.