Unemployment Rate Slips to 5.1% in Australia

  • Jan 23, 2020 AEDT
  • Team Kalkine

A recent update announced by the Australian Bureau of Statistics (ABS) has revealed that the seasonally adjusted unemployment rate of the nation dipped by 0.1 per cent to 5.1 per cent in December 2019.

Moreover, the ABS reported the following statistics for December 2019:

  • Underemployment rate stayed steady at 8.3 per cent.
  • Employment rose by 28,900 people to 12,981,600 people.
  • Part-time employment improved by 109,900 people since December 2018.
  • Full-time employment climbed up by 152,700 people since December 2018.
  • Monthly hours worked in all jobs also rose to 1,791.1 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.

CLICK HERE FOR YOUR FREE REPORT!
   
x
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