Australia’s unemployment rises to 5.8pc despite third month of full-time job gains.

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Australia’s unemployment rises to 5.8pc despite third month of full-time job gains.


 

Unemployment has risen to 5.8 per cent, despite the creation of 13,500 jobs last month, due to an increase in people looking for work.

The Bureau of Statistics data show 9,300 full-time jobs were added, while 4,200 part-time positions were added.

The bureau of macroeconomic statistics, indicated that the rise in full-time jobs for a third straight month bucks a longer-term trend towards part-time work.

The past year has seen a shift towards part-time employment, particularly in the first half of 2016.

From December 2015, the share of part-time employment increased from 31.1 per cent to 31.9 per cent.

However, unemployment rose from 5.7 to 5.8 per cent due to a 0.1 percentage point rise in participation - the proportion of the adult population in work or looking for it - to 64.7 per cent.

  • During the 2016 calendar year a total of 91,500 jobs were added.

Full-time jobs surged by 95,000 in the December 2016 quarter – marking the strongest quarterly growth in more than six years.

The Northern Territory remained the best performing state or territory, with unemployment at 3.6 per cent.

Of the larger states, New South Wales was best placed at 5.2 per cent.

March 20, 2017