Unemployment virtually unchanged in October at 12.8% – but up 2.5% to 14.6% in locked down Victoria

Original article by Roy Morgan
Market Research Update – Page: Online : 6-Nov-20

Latest Roy Morgan employment series data shows 1.81 million Australians unemployed (12.8% of the workforce), down 18,000 from September. There were fewer people looking for part-time work, down 76,000 to 1,020,000 but there was an increase of 58,000 people looking for full-time work to 790,000. In Victoria unemployment was up 2.5% to 14.6% – the highest of any mainland State as the strict lockdown continued in Melbourne until the last few days of the month. On raw numbers unemployment in Victoria was up 101,000 to 560,000 and under-employment increased 109,000 to 438,000 – almost 1 million unemployed or under-employed (26.1%).

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ROY MORGAN LIMITED

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