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Jobs data barely moves between June and July

Nick Bendel avatar
Nick Bendel
- 2 min read
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Australia’s unemployment rate has remained at 5.6 per cent, despite a fall in full-time employment.

There were 12.2 million people employed and 0.7 million people unemployed in July, according to the Australian Bureau of Statistics.

Both figures were up 0.2 per cent on the previous month.

Although the number of people in full-time employment fell by 20,300, the number of people in part-time work rose by 48,200.

Looking over the past year, there have been slight improvements in the unemployment rate, the participation rate and the number of people in work.

July 2017Monthly changeAnnual change
Unemployment rate5.6%Unchanged-0.1 points
Unemployed persons0.7 million0.2%0.7%
Employed persons12.2 million0.2%1.9%
Participation rate65.1%0.1 points0.2 points
Monthly hours worked1.7 billion0.3%2.5%

State-by-state breakdown

Looking around the country, two states have recorded big improvements while another two have posted significant declines.

Between June and July, South Australia’s unemployment rate decreased from 6.6 per cent to 6.2 per cent, while Tasmania’s increased from 5.6 per cent to 6.3 per cent.

Over the past year, Western Australia slid from 6.3 per cent to 5.4 per cent, while the ACT jumped from 3.6 per cent to 4.8 per cent.

RegionJuly 2017Previous monthPrevious year
New South Wales5.0%4.8%5.2%
Victoria6.1%5.9%5.9%
Queensland6.2%6.5%6.1%
South Australia6.2%6.6%6.4%
Western Australia5.4%5.6%6.3%
Tasmania6.3%5.6%6.2%
Northern Territory3.2%3.1%3.5%
ACT4.8%4.4%3.6%
Australia5.6%5.6%5.7%

Disclaimer

This article is over two years old, last updated on August 17, 2017. While RateCity makes best efforts to update every important article regularly, the information in this piece may not be as relevant as it once was. Alternatively, please consider checking recent savings accounts articles.

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