The Employment Numberwangers Are At It Again!

Digital Finance Analytics (DFA) Blog

Sep 14 2023 | 00:08:11

00:00 / 00:08:11

Show Notes

The latest from the ABS says the unemployment rate remained at 3.7 per cent in August (seasonally adjusted. They said “with employment increasing by around 65,000 people and the number of unemployed only dropping slightly, by around 3,000 people, the unemployment rate remained at 3.7 per cent in August. “The large increase in employment in August came after a small drop in July, around the school holiday period. Looking over the past two months, the average employment growth was around 32,000 people per month, which is similar to the average growth over the past year. “The employment-to-population ratio rose 0.1 […]

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