Women drive Aussie catch-up jobs boom

Directly from the ABS:

Key statistics

Seasonally adjusted estimates for March 2021:

    • Unemployment rate decreased to 5.6%.
    • Participation rate increased to 66.3%.
    • Employment increased to 13,077,600.
    • Employment to population ratio increased to 62.6%.
    • Underemployment rate decreased to 7.9%.
    • Monthly hours worked increased by 38 million hours.
Feb-21 Mar-21 Monthly change Monthly change (%) Yearly change Yearly change (%)
Seasonally adjusted
Employed people 13,006,900 13,077,600 70,700 0.5% 74,300 0.6%
Unemployed people 805,200 778,100 -27,100 -3.4% 62,100 8.7%
Unemployment rate 5.8% 5.6% -0.2 pts na 0.4 pts na
Underemployment rate 8.5% 7.9% -0.6 pts na -0.9 pts na
Participation rate 66.1% 66.3% 0.2 pts na 0.4 pts na
Monthly hours worked in all jobs 1,762 million 1,800 million 38 million 2.2% 22 million 1.2%

More good numbers. It’s all still catch-up growth:

There are 911 words left in this subscriber-only article.

Start your free 14-day trial today!

David Llewellyn-Smith