ABS Data: Unemployment Rate Increases by 0.1 pts in October

  • Nov 14, 2019 AEDT
  • Team Kalkine

As per the recently announced data by the Australian Bureau of Statistics (ABS), the unemployment rate rose by 0.1 points in October to 5.3 percent in Australia. The following are the seasonally adjusted estimates of various parameters:

  • Participation rate fell by 0.1 points to 66.0 per cent.
  • Employment declined by 19,000 to 12,919,200 people.
  • Unemployment rose by 17,100 to 726,100 people.
  • Monthly hours worked fell by 2.8 million hours in all jobs to 1,783.9 million hours.


All pictures are copyright to their respective owner(s).Kalkinemedia.com does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.


There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK