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Labour Force, Australia May 2022

From abs.gov.au

Seasonally adjusted estimates for May 2022: • unemployment rate remained at 3.9%. • participation rate increased to 66.7%. • employment increased to 13,510,900. • employment to population ratio increased to 64.1%. • underemployment rate decreased to 5.7%. • monthly hours worked increased by 17 million hours. {table} Unemployment: In seasonally adjusted terms, in May 2022: • unemployment rate remained at 3.9%. • unemployment rate was 1.3 pts below March 2020. • unemployed people increased by 7,800 to 548,100. • unemployed people was 171,200 lower than March 2020. • youth unemployment rate remained at 8.8%. • youth ... (full story)

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