Key facts In the December 2023 quarter, compared with the September 2023 quarter, the: • unemployment rate was 4.0 percent, compared with 3.9 percent • underutilisation rate was 10.7 percent, compared with 10.4 percent • employment rate was 69.0 percent, compared with 69.2 percent (revised). In the year to the December 2023 quarter: • all salary and wage rates (including overtime) increased 4.3 percent • average weekly earnings (including overtime) for full-time equivalent employees (FTEs) increased to $1,588 • average ordinary time hourly earnings increased to $40.84. {table} Unemployment: The seasonally adjusted ... (full story)