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  Latest
Make Money in Forex by Avoiding These Psychological Risks May 24, 2022
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Labour Force Australia, April 2021

News Feed by News Feed
May 20, 2021
in Economics
Reading Time: 2 mins read

Seasonally adjusted estimates for April 2021:

  • Unemployment rate decreased to 5.5%.
  • Participation rate decreased to 66.0%.
  • Employment decreased to 13,040,400.
  • Employment to population ratio decreased to 62.3%.
  • Underemployment rate decreased to 7.8%.
  • Monthly hours worked decreased by 13 million hours.

Unemployment

In seasonally adjusted terms, in April 2021:

  • The unemployment rate decreased 0.2 pts to 5.5%
  • The unemployment rate was 0.9 pts lower than April 2020, and 0.2 pts higher than March 2020
  • Unemployed people decreased by 33,600 to 756,200
  • Unemployed people decreased by 89,100 from April 2020 and was 32,600 higher than March 2020
  • The youth unemployment rate decreased 1.1 pts to 10.6%
  • Youth unemployment was 3.4 pts lower than April 2020, and 1.0 pts lower than March 2020

Employment

In seasonally adjusted terms, in April 2021:

  • Employment decreased by 30,600 people (0.2%) to 13,040,400 people
  • Over the year to April 2021, employment increased by 637,900 people (5.1%)
  • Employment was 45,900 people (0.4%) higher than March 2020

Full-time and part-time employment

In seasonally adjusted terms, in April 2021:

  • Full-time employment increased by 33,800 to 8,889,500 people, and part-time employment decreased by 64,400 to 4,150,900 people
  • Over the year to April 2021, full-time employment increased by 249,600 people and part-time employment increased by 388,300 people
  • Since March 2020, full-time employment increased by 24,600 people and part-time employment increased by 21,300 people
  • The part-time share of employment was 31.8%, the same as March 2020, and 1.5 pts higher than April 2020

Employment-to-population ratio

In seasonally adjusted terms, in April 2021:

  • Decreased by 0.2 pts to 62.3%
  • Increased by 2.8 pts from April 2020, and is less than 0.1 pts below March 2020

The employment-to-population ratio provides a measure of employment relative to the size of the population.

Hours worked

In seasonally adjusted terms, in April 2021, monthly hours worked in all jobs :

  • ​​​​​Decreased 13 million hours (0.7%) to 1,793 million hours from 1,806 million hours in March 2021
  • Increased by 12.5% over the year, which was larger than the 5.1% increase in employed people
  • Increased 31 million hours (1.8%) from March 2020

Source

Tags: AUD
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