Unemployment Rate Steady 5.1% June 2010

Australian Bureau Of Statistics

Australia’s unemployment rate at 5.1 % in June 2010 (seasonally adjusted): ABS

Victor P Taffa

The Australian unemployment rate remained steady at 5.1 % in June, the Australian Bureau of Statistics announced today.

The ABS reported the number of people employed increased by 45,900 people to 11.100 Million, seasonally adjusted, in June.

The rise in employment was driven by a rise in part-time employment, up 27,500 people to 3.306 million. This was reinforced by a rise in full-time employment, up 18,400 people to 7.795 million. This was the tenth consecutive month Australia has seen a rise in the number of people employed full-time.

The number of people unemployed decreased in June, down 200 people to 598,400, the ABS reported.

The ABS seasonally adjusted monthly aggregate hours worked series showed a fall in June, down 6.4 million hours to 1,567.4 million hours.

The ABS reported the participation rate in June increased 0.1 percentage point to 65.2 %

JUNE KEY FIGURES

JUNE KEY POINTS

TREND ESTIMATES (MONTHLY CHANGE)

• Employment increased to 11,077,600
• Unemployment decreased to 603,400
• Unemployment rate at 5.2%
• Participation rate at 65.1%
• Aggregate monthly hours worked increased to 1,563.5 million hours

SEASONALLY ADJUSTED ESTIMATES (MONTHLY CHANGE)

• Employment increased 45,900 (0.4%) to 11,100,700. Full-time employment increased 18,400 to 7,794,700 and part-time employment increased 27,500 to 3,306,000.
• Unemployment decreased 200 to 598,400. The number of persons looking for full-time work decreased 11,000 to 424,700 and the number of persons looking for part-time work increased 10,700 to 173,700.
• Unemployment rate remained at 5.1%. The male unemployment rate remained at 5.0% and the female unemployment rate decreased 0.1 pts to 5.2%.
• Participation rate increased 0.1 pt to 65.2%.
• Aggregate monthly hours worked decreased 6.4 million hours (-0.4%) to 1,567.4 million hours.