Unemployment Australia June 2023.

According to the ABS, the June 2023 unemployment rate (Trend) for Australia remained at 3.5%.

This was a slight reduction from 507,000 in May 2023, down to 505,500 in June 2023.

The number employed increased to 14,045,800 from 14,006,800 in May 2023.

  • Number employed increased by: 39,000.
  • Number unemployed reduced by: 1,500.

Unemployment Rate by State, June 2023.

The unemployment rate in Australia varied between 3.1% and 4.0%, depending on the State or Territory.
These are the latest rates by State, for June 2023, released on 20 July 2023.

  • 3.1% New South Wales.
  • 3.7% Victoria.
  • 3.8% Queensland.
  • 4.0% South Australia.
  • 3.6% Western Australia.
  • 3.8% Tasmania.
  • 3.3% Northern Territory.
  • 3.1% Australian Capital Territory.

Source: www.abs.gov.au

In trend terms, in June 2023:


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  • unemployment rate remained at 3.5%.
  • participation rate remained at 66.8%.
  • employment increased to 14,045,800.
  • employment to population ratio remained at 64.5%.
  • underemployment rate increased to 6.4%.
  • monthly hours worked increased to 1,956 million.

 

In seasonally adjusted terms, in June 2023:

  • unemployment rate remained at 3.5%.
  • participation rate decreased to 66.8%.
  • employment increased to 14,046,100.
  • employment to population ratio remained at 64.5%.
  • underemployment rate remained at 6.4%.
  • monthly hours worked increased to 1,947 million.
  • full-time employment increased by 39,300 to 9,868,900 people.
  • part-time employment decreased by 6,700 to 4,177,100 people.

 

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