Roy Morgan unemployment plummets

Monday 4 October 2021

The latest Roy Morgan employment series data shows 1.27 million Australians were unemployed in September, down 97,000 on August, for an unemployment rate of 8.7%, while under-employment was down 0.2% points to 8.0% (1.16 million).

Workforce increases to 14.57 million in September, but still below pre-lockdown level in June:

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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.