Australia's Unemployment Rate Falls to 5.2% in September

  • Oct 18, 2019 AEDT
  • Team Kalkine

The Australian Bureau of Statistics (ABS) recently released unemployment figures for September 2019, highlighting the following:

  • Unemployment rate fell by 0.1 percentage point to 5.2% in September in seasonally adjusted terms.
  • New South Wales experienced the maximum rise in seasonally adjusted unemployment rate by 0.2 percentage point to 5%.
  • Underemployment rate sank to 8.3%, witnessing a fall of 0.2 percentage point.
  • Full-time employment rose by 26,200 to 8,847,200 people, while part-time employment fell by 11,400 to 4,096,900 people.
  • Participation rate shrank by 0.1 percentage point to 66.1%.

 

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