Australian employment dropped by 176,000 in July as all five mainland States experienced lockdowns

Original article by Roy Morgan
Market Research Update – Page: Online : 9-Aug-21

The latest Roy Morgan employment series data shows that 1.42 million Australians were unemployed in July, up 28,000 on June, for an unemployment rate of 9.7% (up 0.3% points). Some 1.33 million Australians were under-employed (up 77,000 on June), for an under-employment rate of 9.1% (up 0.6% points). In total, 2.76 million Australians (18.8% of the workforce) were either unemployed or under-employed in July, an increase of 105,000 on June. The increase was driven by increases in both unemployment and under-employment. Meanwhile, employment was down by 176,000 to 13,198,000 in July, including 8,765,000 workers employed full-time, a drop of 61,000 from June. There was also a decrease in part-time employment, down by 115,000 to 4,433,000. Roy Morgan’s unemployment figure of 9.7% for July is nearly 5% points higher than the current ABS estimate for June 2021 of 4.9%.

CORPORATES
ROY MORGAN LIMITED, AUSTRALIAN BUREAU OF STATISTICS

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