So we lost jobs, but reduced employment. Seems legit. Smells like the BLS is teaching the Aussies how to fudge. lol.
Australia Labor Force - August 2012
TREND ESTIMATES (MONTHLY CHANGE) Employment increased to 11,509,100 from a revised July 2012 estimate. Unemployment increased to 629,100 from a revised July 2012 estimate. Unemployment rate steady at 5.2%. Participation rate steady at 65.2% from a revised July 2012 estimate. Aggregate monthly hours worked decreased to 1,619.5 million hours. SEASONALLY ADJUSTED ESTIMATES (MONTHLY CHANGE) Employment decreased 8,800 (0.1%) to 11,498,100. Full-time employment increased 600 to 8,071,400 and part-time employment decreased 9,300 to 3,426,700. Unemployment decreased 10,600 (1.7%) to 622,600. The number of persons looking for ... (full story)