ABS Employment in detail: More bad news for wages

As summarised earlier, the Australian Bureau of Statistics (ABS) today released its labour force report for July, which registered a 24,600 increase in total employment but a flat headline unemployment rate (still 5.2%) due to a 0.09% increase in labour force participation. However, the underemployment rate rose by 0.2% in seasonally adjusted terms.

In trend terms, the unemployment rate rose 0.04% to 5.26%:

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