Australian June 2021 Labour Market employment report
Employment Change: +29.1K
expected +30K, prior +115.2K
Unemployment Rate: 4.9% .... this is a biggie, dropping under 5%
expected 5.1%, prior 5.1%
Full-Time Employment Change: +51.6K
prior was +97.5K
Part-Time Employment Change: -22.5K
prior was +17.7K
Participation Rate: 66.2% (unchanged on the month)
expected 66.3%, prior was 66.2%
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More:
Underemployment 7.9%
- prior 7.4%
Hours worked -1.8% (in shutdown state of Victora -8.4%)
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Background to this: