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<p class="paragraph_paragraph___QITb">Australia’s unemployment rate increased slightly from 3.6 percent to 3.7 percent, according to the Bureau of Statistics. </p>
<p class="paragraph_paragraph___QITb">New data shows the number of people in employment increased last month by 55,000 and the number of officially unemployed rose by 27,900.</p>
<p class="paragraph_paragraph___QITb">In total, this saw the size of the working population increase, pushing the participation rate up from 66.8 per cent to 67 per cent.</p>
<p class="paragraph_paragraph___QITb">Last month’s data confirms the trend of the past 17 months, where the unemployment rate has hovered in a narrow range of 3.4 percent to 3.7 percent since June 2022.</p>
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<p><span class="Typography_base__sj2RP Typography_sizeMobile12__w_FPC Typography_lineHeightMobile20___U7Vr Typography_regular__WeIG6 Typography_colourInherit__dfnUx Typography_letterSpacedSm__V8kil">Published<!-- --> </span>11 minutes ago11 minutes agoThu Nov 16, 2023 at 1:01 a.m., <span class="Typography_base__sj2RP Typography_sizeMobile12__w_FPC Typography_lineHeightMobile20___U7Vr Typography_regular__WeIG6 Typography_colourInherit__dfnUx Typography_letterSpacedSm__V8kil">update<!-- --> </span>4 months ago4 minutes agoThu Nov 16, 2023 at 1:08 a.m.</p>
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<p><a href="https://whatsnew2day.com/australias-unemployment-rate-ticks-back-up-to-3-7-per-cent-in-october/">Australia’s unemployment rate ticks back up to 3.7 per cent in October</a></p><!-- /wp:html -->
Australia’s unemployment rate increased slightly from 3.6 percent to 3.7 percent, according to the Bureau of Statistics.
New data shows the number of people in employment increased last month by 55,000 and the number of officially unemployed rose by 27,900.
In total, this saw the size of the working population increase, pushing the participation rate up from 66.8 per cent to 67 per cent.
Last month’s data confirms the trend of the past 17 months, where the unemployment rate has hovered in a narrow range of 3.4 percent to 3.7 percent since June 2022.
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Published 11 minutes ago11 minutes agoThu Nov 16, 2023 at 1:01 a.m., update 4 months ago4 minutes agoThu Nov 16, 2023 at 1:08 a.m.
