In Business

Australian Bureau Of Statistics

Australia’s Unemployment Rate Remained Steady At 5.7 % In July 2013

Victor P Taffa

Australia’s seasonally adjusted unemployment rate remained steady at 5.7 % in July, as announced by the Australian Bureau of Statistics (ABS) today.

The ABS reported the number of people employed decreased by 10,200 to 11,653,200 in July. The decrease in employment was due to decreased full-time employment, down 6,700 people to 8,133,900, and part-time employment, down 3,500 to 3,519,300. Full-time and part-time employment decreased for both females and males.

The number of people unemployed decreased by 5,700 people to 705,400 in July, the ABS reported.

The ABS monthly seasonally adjusted aggregate hours worked series showed an increase in July, up 7.9 Million hours to 1,648.6 Million hours.

The ABS reported a seasonally adjusted labour force participation rate decrease of 0.2 percentage points to 65.1 % in July.

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