Key facts: In the March 2024 quarter, compared with the December 2023 quarter, the: • unemployment rate was 4.3 percent, compared with 4.0 percent • underutilisation rate rose to 11.2 percent, up from 10.7 percent • employment rate fell to 68.4 percent, down from 69.0 percent. In the year to the March 2024 quarter: • all salary and wage rates (including overtime) increased 4.1 percent • average weekly earnings (including overtime) for full-time equivalent employees (FTEs) increased to $1,593 • average ordinary time hourly earnings increased to $40.96. {tables} Unemployment The seasonally adjusted unemployment rate ... (full story)