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Labour Force, Australia, January 2024
Key statistics: In trend terms, in January 2024: • unemployment rate remained at 3.9%. • participation rate decreased to 66.8%. • employment increased to 14,221,900. • employment to population ratio decreased to 64.1%. • underemployment increased to 6.6%. • monthly hours worked decreased to 1,906 million. In seasonally adjusted terms, in January 2024: • unemployment rate increased to 4.1%. • participation rate remained at 66.8%. • employment increased to 14,201,300. • employment to population ratio decreased to 64.1%. • underemployment rate increased to 6.6%. • monthly hours worked decreased ... (full story)