Sept unemployment figures are “rubbish”

20 October 2016

 

The run of controversial labour force figures continues. The ABS released September employment estimates which indicated Australia’s unemployment rate had fallen to 5.6% from August’s figure of 5.7%. However, the total number of people employed in Australia in either full-time or part-time work fell by 9800 during the month, in contrast with the market’s expectation of +15,000. The participation rate also fell, from 64.7% to 64.5%. The ABS was at...

read full story