Australian Bureau Of Statistics
Australia’s Unemployment Rate Decreased 0.2 Percentage Points To 5.0 % In December 2010
Victor P Taffa
The Australian Unemployment Rate decreased 0.2 Percentage Points to 5.0 % in December, as announced by the Australian Bureau of Statistics today.
The ABS reported the number of people employed increased by 2,300 people to 11.417 million, seasonally adjusted, in December. The rise in employment was driven by an increase in full-time employment, up 1,700 people to 8.034 Million and an increase in part-time employment, up 600 people to 3.383 Million.
The number of people unemployed decreased by 25,400 people to 598,700 in December, reported the ABS.
The ABS seasonally adjusted monthly aggregate hours worked series showed a decrease in December, down 3.4 million hours to 1,599.0 Million Hours.
The ABS reported labour force participation in December of 65.8 %, a decrease of 0.2 Percentage Points from November.
DECEMBER KEY FIGURES
|
Nov 2010 |
Dec 2010 |
Nov 10 to Dec 10 |
Dec 09 to Dec 10 |
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|
|
|||||||
| Trend | |||||||
| Employed persons (‘000) |
11, 392.8 |
11, 418.1 |
25.3 |
3.3 |
% | ||
| Unemployed persons (‘000) |
621.2 |
618.8 |
-2.5 |
-4.1 |
% | ||
| Unemployment rate (%) |
5.2 |
5.1 |
0.0 |
pts |
-0.4 |
pts | |
| Participation rate (%) |
65.9 |
66.0 |
0.1 |
pts |
0.6 |
pts | |
| Seasonally Adjusted | |||||||
| Employed persons (‘000) |
11, 415.1 |
11, 417.4 |
2.3 |
3.3 |
% | ||
| Unemployed persons (‘000) |
624.1 |
598.7 |
-25.4 |
-8.1 |
% | ||
| Unemployment rate (%) |
5.2 |
5.0 |
-0.2 |
pts |
-0.6 |
pts | |
| Participation rate (%) |
66.0 |
65.8 |
-0.2 |
pts |
0.4 |
pts | |
|
|
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