Automated High Impact News Updates: Labour Force, Australia, Mar 2020

4/16/2020 07:32:00 AM


Australia's trend estimate of employment increased by 16,800 people in March 2020, with: • the number of unemployed people increasing by 3,500 people; • the unemployment rate remaining steady at 5.2%; • the underemployment rate increasing by 0.1 percentage points (pts) to 8.7%; • the underutilisation rate increasing by 0.1 pts to 13.9%; • the participation rate remaining steady at 66.0%; and • the employment to population ratio remaining steady at 62.6%. Over the past year, trend employment increased by 224,100 people (or 1.8%), which was the less than the average annual growth rate over the past 20 years ... (full story)

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