Roy Morgan unemployment falls to 8.5%

Monday, 24 January 2022

From Roy Morgan Research:

The latest Roy Morgan employment series data shows 1.25 million Australians were unemployed in December, down 78,000 on November (8.5% of the workforce), but a further 1.42 million Australians (9.7% of the workforce) were under-employed, up 218,000 (up 1.4% points).

Workforce increased by 196,000 to near record 14.71 million in December:

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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.