Australia’s jobless rate steady at 4.9pct in April
In April there were fewer unemployed people in Australia, but there were also fewer employed individuals, according to labor force data released Thursday by the Bureau of Statistics.
The April unemployment rate, seasonally adjusted, was still at a two-year low of 4.9 percent, unchanged from the preceding month, according to the BAS data.
The number of unemployed in April decreased by 1.7 percent from March, or by 9,800 individuals, to a total 583,000, with the number of people looking for full-time work declined by 1,700 to 413,000 while the those looking for part-time work were fewer by 8,100 at 170,000, the BAS report said.
On the other hand, the total number of employed individuals in April settled at nearly 11.44 million, down 0.2 of a percent, or by 22,100 people from March, with the number of persons in full-time employment shrinking by 49,100 to a total 8.06 million.
The drop in full-time employment was offset by a rise in part-time employment by 26,900 to 3.38 million, said the BAS update.
The labor participation rate in April was 65.6 percent seasonally adjusted, slimmer by 0.2 points from March, BAS said.
There was a decline in the aggregate hours worked to 1,601.6 million hours in April compared to 1,616.3 million hours in the preceding month.
In terms of gender, the male unemployment rate increased 0.1 pts to 4.7 percent and the female unemployment rate decreased 0.3 pts to 5.0 percent, the BAS report said.