The Australian Bureau of Statistics, on 19 November 2020, released a data according to which employment increased by 178,800 people (1.4%) between September and October. Also, the number of hours worked raised by 1.2%.
The restrictions are beginning to ease up in various parts of Australia specially in Victoria where employment witnessed a rise by 2.5%.
Also, seasonally adjusted unemployment increased in October by 25,500 people.
The underemployment rate, according to the report, decreased 1% to 10.4%. The underutilisation rate, which combines the unemployment and underemployment rates, fell 0.9 percentage points to 17.4%.
The head of Labour Statistics at the ABS Bjorn Jarvis shared that the significant rise means that employment in October was just 1.7% below March and suggests that a large number of people from outside the labour force are back to their work.
