Roy Morgan unemployment recovers pandemic losses

Wednesday 16 February 2022

From Roy Morgan Research:

The latest Roy Morgan employment series data shows 1.2 million Australians were unemployed in January, down 51,000 on December (8.2% of the workforce), and a further 1.23 million Australians (8.4% of the workforce) were under-employed, down 198,000 (down 1.4% points).

Workforce dropped by 133,000 in January as Omicron variant kept people out of work:

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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.