Labour Force, Australia, March 2021

Key statistics: Seasonally adjusted estimates for March 2021: • Unemployment rate decreased to 5.6%. • Participation rate increased to 66.3%. • Employment increased to 13,077,600. • Employment to population ratio increased to 62.6%. • Underemployment rate decreased to 7.9%. • Monthly hours worked increased by 38 million hours. Unemployment: In seasonally adjusted terms, in March 2021: • The unemployment rate decreased 0.2 pts to 5.6% (0.4 pts higher than a year ago) • Unemployed people decreased by 27,100 to 778,100 (and increased by 62,100 over the year to March 2021) • The youth … (full story)

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