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Growth

Unemployment drops in September

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The Adviser

Australia’s unemployment rate has decreased 0.1 points to 5.7 per cent in September.

Data from the Australian Bureau of Statistics showed employment had increased by 40,600 jobs to 10,805,600.

Full-time employment increased by 35,400 to 7,589,800 and part-time employment increased by 5,200 to 3,215,800.

The male unemployment rate decreased 0.1 points to 5.8 per cent, while the female unemployment rate remained stagnant at 5.6 per cent.

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