Australian Economy

Roy Morgan unemployment stuck at 9.2% in November

Leith van Onselen
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Roy Morgan Research has released its unemployment estimate for November, with unemployment remaining steady at 9.2% despite a 178,000 increase in jobs. The underemployment rate also fell by 0.3% to 8.3%:

According to Roy Morgan:

  • 1.33 million Australians were unemployed in November, up 10,000 on October (9.2% of the workforce), and 1.21 million Australians were under-employed, down 0.3% points to 8.3% of the workforce.
  • Workforce increased by 178,000 to 14.52 million in November.

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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.
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