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Labour Force, Australia, December 2023
Key statistics: In trend terms, in December 2023: • unemployment rate remained at 3.8%. • participation rate remained at 67.0%. • employment increased to 14,246,000. • employment to population ratio decreased to 64.4%. • underemployment rate remained at 6.5%. • monthly hours worked decreased to 1,928 million. In seasonally adjusted terms, in December 2023: • unemployment rate remained at 3.9%. • participation rate decreased to 66.8%. • employment decreased to 14,201,100. • employment to population ratio decreased to 64.2%. • underemployment rate remained at 6.5%. • monthly hours worked ... (full story)