Roy Morgan unemployment rises to 13.8%

According to Roy Morgan, Australia’s unemployment rate lifted to 13.8% in August from 12.5% in July as the economic recovery stalled:

In August 13.8% of the workforce (1.98 million Australians) were unemployed. This represents an increase of 194,000 on July caused by two drivers – fewer jobs and more people looking for work.

Although there were fewer people employed overall in August than July (down 89,000 to 12,376,000), the positive news is there were more full time workers (up 138,000 to 8,013,000) and fewer part-time workers (down 227,000 to 4,225,000).