Roy Morgan unemployment falls to 11.9% in November

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Roy Morgan Research has recorded its lowest unemployment rate since March at 11.9% in November:

Latest Roy Morgan employment series data shows 1.68 million (down 130,000) Australians unemployed (down 0.9% to 11.9% of the workforce).

The workforce was down slightly in November but employment increased strongly:

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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.