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Unemployment edges up despite massive coronavirus jobs bounce-back – ABC News
Australia’s unemployment rate edges up to 7.5 per cent, but almost 115,000 jobs were created in July.
Australia’s unemployment rate has edged up to 7.5 per cent, with almost 115,000 jobs created in July.
- Unemployment was expected to jump from 7.4 to 7.8 per cent, but only rose to 7.5 per cent
- Hours worked rose by 1.3 per cent as 43,500 full-time jobs were added and 71,200 part-time jobs
- Underemployment dropped by half a percentage point, even as participation in the labour market rose
The Bureau of Statistics data now estimates that more than a million Austral…
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