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Labour Force, Australia, October 2023
Key statistics: In trend terms, in October 2023: • unemployment rate remained at 3.7%. • participation rate decreased to 66.8%. • employment increased to 14,145,400. • employment to population ratio remained at 64.4%. • underemployment rate remained at 6.4%. • monthly hours worked decreased to 1,937 million. In seasonally adjusted terms, in October 2023: • unemployment rate increased to 3.7%. • participation rate increased to 67.0%. • employment increased to 14,173,500. • employment to population ratio increased to 64.5%. • underemployment rate remained at 6.3%. • monthly hours worked ... (full story)