Original article by Roy Morgan
Market Research Update – Page: Online : 19-Jan-23

The latest Roy Morgan employment series data shows that 1.38 million Australians (9.3% of the workforce) were unemployed in December, up 46,000 from November. The increase in unemployment was in line with the usual seasonal trends seen at this time of the year as school leavers and university students joined the workforce. The number of Australians looking for full-time work rose 89,000 to 595,000 in December, while the number of people looking for part-time work fell 43,000 to 789,000. Some 1.36 million Australians (9.1% of the workforce) were under-employed – working part-time but looking for more work – down 16,000 from November. In total, 2.74 million Australians (19.4% of the workforce) were either unemployed or under-employed in December, up 30,000 on November. Meanwhile, employment decreased by 12,000 to 13,568,000 in December. This was driven by a drop in full-time employment (down 97,000 to 8,771,000), although part-time employment increased in line with the usual seasonal trends (up by 85,000 to 4,797,000). Roy Morgan’s under-employment figure of 9.1% is over 3% points higher than the ABS estimate of 5.8% for November.

CORPORATES
ROY MORGAN LIMITED, AUSTRALIAN BUREAU OF STATISTICS