Australia’s unemployment rate held steady at 4.1 per cent in January as employment rose by 18,000, driven by gains in full-time jobs despite fewer part-time roles.
Participation eased to 66.7 per cent, while underemployment and youth underemployment increased.
Hours worked grew 0.6 per cent, and trend unemployment declined to 4.1 per cent, signalling gradual labour market improvement.
Participation eased to 66.7 per cent, while underemployment and youth underemployment increased.
Hours worked grew 0.6 per cent, and trend unemployment declined to 4.1 per cent, signalling gradual labour market improvement.
