17 Nov 23 2 min read
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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