Australia's unemployment rate at 4.7% in September: ABS - Fibre2Fashion

The employment-to-population ratio declined by 0.3 percentage points to 63.6 per cent, while the participation rate fell by 0.2 percentage points to 66.8 per cent, the ABS said in a press release. Sean Crick, head of labour statistics, Australian Bureau of Statistics, said: “This September a higher proportion of people remained unemployed compared to recent years. This follows from last month when a higher proportion of people who were previously not in the labour force moved to being unemployed.” The underemployment rate rose by 0.1 percentage points to 6.3 per cent. Hours worked increased by 0.1 per cent in September, with part-time hours worked down 1.5 per cent and full-time hours worked up 0.4 per cent, the ABS said.