Australian unemployment rate rises to 3.8 pc in March

by IANS |



Canberra, April 18 (IANS) Australia's unemployment rate rose slightly to 3.8 per cent in March, official data has revealed.


According to figures published by the Australian Bureau of Statistics (ABS) on Thursday, the number of employed Australians fell by 6,600 between February and March, driving unemployment up from 3.7 per cent to 3.8 per cent, Xinhua news agency reported.


News Corp Australia newspapers reported that economists had generally expected unemployment to hit 3.9 per cent in March.


The fall in employment comes after the number of employed Australians grew by 116,500 between January and February.


The ABS said the number of Australians employed in full-time roles grew by 27,900 between February and March but part-time employment fell by 34,500 in the same period.


Despite the net job loss, the total number of hours worked by Australians was 17 million or 0.9 percent higher in March than in February and 1.7 per cent higher than in March 2023.


The participation rate, which measures the proportion of the working-age population who are either employed or actively looking for work, fell slightly from 66.7 per cent to 66.6 per cent.


Bjorn Jarvis, head of labor statistics at the ABS, said in a media release that the participation rate was much higher than pre-pandemic levels and close to the record high of 67 per cent set in November, 2023.



Latest News
Minor boy kidnapped & killed in UP, two arrested Mon, May 20, 2024, 11:43 AM
CAPF deployment increased in Bengal's seven LS seats, polling underway Mon, May 20, 2024, 11:42 AM
Voting begins in fifth phase of Lok Sabha polls, several bigwigs in fray Mon, May 20, 2024, 11:41 AM
Man held in UP after video clip shows him voting 8 times for candidate Mon, May 20, 2024, 11:40 AM
Jairam Ramesh opposes Lalu's statement on religion-based reservation Mon, May 20, 2024, 11:39 AM
Polling begins on 14 LS seats in UP -- Rajnath Singh, Smriti Irani, Rahul Gandhi in fray Mon, May 20, 2024, 11:35 AM
LS polls: PM Modi to hold public meetings in Haryana, Delhi today Sat, May 18, 2024, 11:45 AM
K'taka CM reviews preparedness for rainy season; HM orders probe into police 'negligence' in Anjali murder case Sat, May 18, 2024, 11:35 AM
Jagan Mohan Reddy leaves for foreign tour Sat, May 18, 2024, 11:34 AM
After LS polls, Telangana parties now gearing up for key MLC by-poll Sat, May 18, 2024, 11:31 AM
Assam Trinamool moves ECI accusing CM Sarma of making 'hate speech' Sat, May 18, 2024, 11:29 AM
Congress, INDIA bloc winning people's confidence across the country: Shivakumar Sat, May 18, 2024, 11:28 AM
PM Modi slams Uddhav Thackeray for 'betraying Balasaheb & sacrifices of Shiv Sainiks' in Mumbai rally Sat, May 18, 2024, 11:28 AM
Trinamool moves ECI against Abhijit Gangopadhyay's remarks on Mamata Banerjee Fri, May 17, 2024, 05:19 PM
Govt-run ONDC facilitates 7.22 mn transactions in April, onboards over 5 lakh sellers Fri, May 17, 2024, 05:17 PM