Australian unemployment falls to 6.4%

The Australian Bureau of Statistics (ABS) has released labour force data for the month of January which has recorded 29,100 jobs growth alongside a 0.2% fall in the headline unemployment rate to 6.4%.

Below are the key highlights:

The result pretty much matched analysts’ expectations of 30,000 jobs growth and a fall in the unemployment rate to 6.5%.

I will be back later with my usual detailed report.

Unconventional Economist
Latest posts by Unconventional Economist (see all)


  1. pfh007.comMEMBER

    If the RBA is desperately seeking inflation the easiest way to do that is by blocking any immigration until unemployment hits 2%.

    Who knows?

    Maybe NAIRU is lower than they think.

Leave a reply

You must be logged in to post a comment. Log in now