Roy Morgan unemployment jumps to 10.3% in May
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The latest Roy Morgan Research (RMR) unemployment estimate for May jumped 1.4% to 10.3%, and was also down 0.5% year-on-year:

Labour underutilisation also rose to 19.5%.
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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.