Australia Unemployment Rate April 2024. Despite a slight increase in unemployment since last year from 3.6% (may 2023) to 4% in may. Participation rate remained at 66.7%.
Forging our own narrow path. Despite a slight increase in unemployment since last year from 3.6% (may 2023) to 4% in may.
Forging Our Own Narrow Path.
Employment to population ratio increased to 64.2%.
At That Time A Year Ago, The Unemployment Rate Was At 3.6% And 6 Million People Were Unemployed.
In most countries, employment rates improved more for women than for men, compared to pre‑pandemic levels.
Australia Unemployment Rate April 2024 Images References :
The Reserve Bank Has Been Presented With Something Of A Conundrum After Australia's Unemployment Rate Fell Slightly Last Month, Down 0.1 Per Cent After The Economy Added Almost 40,000 New Jobs.
Australia's headline unemployment rate rose to 4.1 per cent in april, up 0.2 percentage points from march.
In Trend Terms, In March 2024:
This article explains in more detail how rba staff form an assessment of labour market conditions relative to sustained full employment.