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Unemployment rate rises to 4.6% as 138k jobs lost

October 14, 2021 - 11:39 -- Admin

From The ABS: Key statistics Seasonally adjusted estimates for September 2021: Unemployment rate increased to 4.6%. Participation rate decreased to 64.5%. Employment decreased to 12,884,600. Employment to population ratio decreased to 61.5%. Underemployment rate decreased to 9.2%. Monthly hours worked increased by 15 million hours. The result missed analysts’ expectations of 120,000 job losses, although the

The post Unemployment rate rises to 4.6% as 138k jobs lost appeared first on MacroBusiness.

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