Job figures stay put

Australia's unemployment rate was five per cent in January, staying at its lowest levels in almost two years, official data showed.

centrelink_file_0705_B_AAP_1186363399


The December figure was an unrevised five per cent, the Australian Bureau of Statistics (ABS) said on Thursday.

Total employment rose by a seasonally adjusted 24,000 to 11.441 million in the month.

Fulltime employment fell by 8,000 to 8.022 million in January and part-time employment was up by 32,000 to 3.419 million.

The January participation rate was 65.9 per cent, from an unrevised 65.8 per cent in December.

The forecast was for total employment to have risen by 16,500 in January with unemployment steady at five per cent and for an unchanged participation rate of 65.8 per cent, according to the median of 12 economists surveyed by AAP.




Share

1 min read

Published

Updated

Source: AAP


Share this with family and friends


Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS News
SBS Audio
SBS On Demand

Listen to our podcasts
An overview of the day's top stories from SBS News
Interviews and feature reports from SBS News
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch the latest news videos from Australia and across the world