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Australian employment increased by 61,600 persons

Thursday, Dec 14 2017
Australian employment increased by 61,600 persons

Seasonally adjusted employment increased by 61,600 persons from October to November 2017 (following a combined increase of 28,600 over the preceding 2 months). The underlying composition of the net change was an increase of 41,900 persons in full-time employment and a 19,700 increase in part-time employment. Since November 2016, full-time employment has increased by 304,600 persons, while part-time employment has increased by 78,700 persons.

The seasonally adjusted unemployment rate remained steady for the third consecutive month at 5.4 per cent in November 2017. The participation rate increased by 0.3 percentage points to 65.5 per cent. The quarterly seasonally adjusted underemployment rate decreased by 0.2 percentage points to 8.3 per cent. The quarterly underutilisation rate decreased by 0.3 percentage points to 13.7 per cent.

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