Aust jobless rate 5.2% in Nov

Written By Unknown on Kamis, 06 Desember 2012 | 15.02

Australia's unemployment rate fell to 5.2 per cent in November, the latest ABS figures show. Source: AAP

AUSTRALIA'S unemployment rate fell to a three-month low of 5.2 per cent in November from 5.4 per cent in October, official figures show.

Total employment rose 13,900 to 11.546 million in the month, according to the seasonally adjusted figures released by the Australian Bureau of Statistics on Thursday.

The forecast was for total employment to fall by 5,000 in November with the unemployment rate at 5.5 per cent, according to the median of 14 market economists surveyed by AAP.

Full-time employment fell by 4,200 to 8.132 million in November and part-time employment was up 18,100 to 3.414 million.

The November participation rate was 65.1 per cent, compared with 65.2 per cent in October.

The November participation rate was forecast to be 65.1 per cent.

Seasonally adjusted:

(millions) November October Year ago

Full-time employed 8.132 8.137 8.007

Part-time employed 3.414 3.396 3.418

Total employed 11.546 11.532 11.425

Unemployed 637,400 653,600 628,300

Unemployment rate 5.2 pct 5.4 pct 5.2 pct

Participation rate 65.1 pct 65.2 pct 65.5 pct

Seasonally adjusted unemployment rate state by state:

November

October

Year ago

NSW

5.1 pct

5.2 pct

5.2 pct

Vic

5.5 pct

5.4 pct

5.5 pct

Qld

6.0 pct

6.1 pct

5.7 pct

SA

5.3 pct

5.6 pct

5.2 pct

WA

4.1 pct

4.6 pct

4.3 pct

Tas

6.7 pct

6.7 pct

6.2 pct

The ABS report also showed aggregate hours worked by employed people in Australia rose by 0.1 per cent in November, seasonally adjusted, after a fall of 0.3 per cent in October.

Aggregate hours worked in November were 0.3 per cent higher than a year earlier in November 2011, after a rise of 1.3 per cent between November 2010 and November 2011, and an increase of 2.6 per cent in the 12 months before that.

The ABS figures also show the trend measure of hours worked rose by 0.1 per cent in November after being unchanged in the preceding two months and falling by 0.1 per cent in each of the three months before that.


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