Jobless rate ticks up despite participation rate fall, more hours worked

15 October 2020

 

Summary: Employment contracts in September; August job gains revised up; employment number falls somewhat more than expectations; declining Victorian participation limits rise of national jobless rate; national participation rate slips; more unemployed, smaller available workforce sees jobless rate up; winding back of JobKeeper, other programmes won’t be reflected until October or later; part-time, full-time jobs both down; work hours rise over month; underemployment rate up slightly;   Australia’s period of...

read full story