Australia July 2024 labour market data
August 15, 2024
In July 2024, Australia’s unemployment rate rose to 4.2%, while the labour force participation rate increased to 67.1%. The number of people in employment rose to 14.462 million and the employment to population ratio increased to 64.3%. The underemployment rate remained at 6.4%, while the number of hours worked per month increased to 1.960 million.