The Australian Bureau of Statistics (ABS) has released the Labour Market data, indicating a 0.1 percentage points improvement to 5.2 per cent in trend unemployment rate during November 2019.
In November 2019;
- The trend monthly employment increased by around 17k people.
- Full time employment was up by around 8k people with around 9k gains in part time employment.
- Monthly hours worked in all jobs increased by 2.9 million hours (seasonally adjusted).
- Employment to population increased by 0.1 pts to 62.6 per cent (seasonally adjusted).