Fewer Australians work or look for work as workforce shrinks to just over 12 million in October

Original article by Roy Morgan Research
Market Research Update – Page: Online : 6-Nov-14

A Roy Morgan Research survey on Australia’s labour market has found that the real unemployment rate fell by 0.8 per cent to 9.1 per cent in October 2014. The workforce fell by 215,000 to 12,00,000 in total, and the number of people who were underemployed rose by 102,000 to 9.3 per cent. The official unemployment rate was 6.2 per cent in September. Roy Morgan Research executive chairman Gary Morgan notes that October was the 29th straight month in which more than one million Australians were unemployed, as well as the 35th successive month in which more than two million people have been either unemployed or underemployed

CORPORATES
ROY MORGAN RESEARCH LIMITED, AUSTRALIAN BUREAU OF STATISTICS, RESERVE BANK OF AUSTRALIA

Drop in unemployment figures mask the job losses recorded in July – Australian workforce in contraction

Original article by Roy Morgan Research
Market Research Update – Page: Online : 5-Aug-14

A Roy Morgan Research survey on Australia’s labour market has found that the real unemployment rate fell by 0.4 per cent to 10.2 per cent in July 2014. The workforce fell by 141,000 to 12,367,000 in total, and the number of people who were underemployed fell by 109,000 to 8.7 per cent. The nation’s official unemployment rate was six per cent in June. Roy Morgan Research executive chairman Gary Morgan notes that July was the 26th straight month in which more than one million people were unemployed, as well as the 32nd successive month in which more than two million people have been either unemployed or underemployed

CORPORATES
ROY MORGAN RESEARCH LIMITED, AUSTRALIAN BUREAU OF STATISTICS, AUSTRALIA. DEPT OF THE TREASURY