Roy Morgan unemployment rebounds to 10.3%

Monday 7 June 2021

Roy Morgan has released its unemployment estimate for May, which recorded 1.3% rise in the unemployment rate from 9.0% to 10.3%.

However, this was partly offset by a fall in the underemployment rate from 9.3% to 8.6%:

Unemployment up, underemployment down.

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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.