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:
- 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.