In Business

Australian Bureau Of Statistics

Australia’s Unemployment Rate Increased 0.2 Percentage Points To 5.3 % In July 2010

Victor P Taffa

The Australian unemployment rate increased 0.2 percentage points to 5.3 % in July, seasonally adjusted, the Australian Bureau of Statistics announced today.

The ABS reported the number of people employed increased by 23,500 people to 11.236 million, seasonally adjusted, in July. The rise in employment was driven by a rise in part-time employment, up 27,700 people to 3.369 Million that was slightly offset by a fall in full-time employment, down 4,200 people to 7.866 Million.

The number of people unemployed increased in July, up 24,600 people to 631,800, reported the ABS.

The ABS seasonally adjusted monthly aggregate hours worked series showed a fall in July, down 7.2 million hours to 1,578.5 million hours.

The ABS reported the participation rate in July increased 0.2 percentage point to 65.5 %.

JULY KEY POINTS

TREND ESTIMATES (MONTHLY CHANGE)

  • Employment increased to 11,220,600
  • Unemployment increased to 619,100
  • Unemployment rate at 5.2%
  • Participation rate at 65.3%
  • Aggregate monthly hours worked increased to 1,583.4 Million hours

SEASONALLY ADJUSTED ESTIMATES (MONTHLY CHANGE)

  • Employment increased 23,500 (0.2%) to 11,235,700. Full-time employment decreased 4,200 to 7,866,400 and part-time employment increased 27,700 to 3,369,400.
  • Unemployment increased 24,600 (4.1%) to 631,800. The number of persons looking for full-time work increased 17,300 to 449,300 and the number of persons looking for part-time work increased 7,300 to 182,500.
  • Unemployment rate increased 0.2 pts to 5.3%. The male unemployment rate increased 0.2 pts to 5.2% and the female unemployment rate increased 0.2 pts to 5.4%.
  • Participation rate increased 0.2 pts to 65.5%.
  • Aggregate monthly hours worked decreased 7.2 million hours (-0.5%) to 1,578.5 million hours.

JULY KEY FIGURES

Jun 2010

Jul 2010

Jun 10 to
Jul 10

Jul 09
to Jul 10


Trend
Employed persons (‘000)

11, 203.9

11, 220.6

16.7

2.7

%
Unemployed persons (‘000)

618.6

619.1

0.5

-7.9

%
Unemployment rate (%)

5.2

5.2

0.0

pts

-0.6

pts
Participation rate (%)

65.3

65.3

0.0

pts

-0.1

pts
Seasonally Adjusted
Employed persons (‘000)

11, 212.3

11, 235.7

23.5

2.7

%
Unemployed persons (‘000)

607.2

631.8

24.6

-5.0

%
Unemployment rate (%)

5.1

5.3

0.2

pts

-0.4

pts
Participation rate (%)

65.3

65.5

0.2

pts

0.0

pts

 Movements in seasonally adjusted series between
June 2010 and July 2010

Monthly change

95% Confidence interval


Total Employment

23, 500

-30, 700

to

77 700

Total Unemployment

24, 600

-6, 000

to

55 200

Unemployment rate

0.2 pts

0.0 pts

to

0.4 pts

Participation rate

0.2 pts

-0.2 pts

to

0.6 pts


0

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