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Textiles

Prime Content | 
Employment-to-population ratio up to 64.5% in Australia

17 Nov '23
2 min read
Pic: Adobe Stock/Tsyb Oleh
Pic: Adobe Stock/Tsyb Oleh

Insights

  • Australia's unemployment rate rose to 3.7 per cent in October 2023, with a slight increase in the employment-to-population ratio to 64.5 per cent.
  • The country's underemployment rate stayed steady at 6.3 per cent, and the underutilisation rate increased marginally to 10.0 per cent.
  • The trend unemployment rate was consistent at 3.7 per cent.
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