Unemployment falls to 5.4% as part-time work jumps

Lloyd Doyle
June 14, 2018

Despite weaker-than-expected jobs growth, the unemployment rate has dropped to 5.4 per cent - its lowest rate since November past year.

The state's unemployment rate dropped by 0.3 percentage points from April to May (seasonally adjusted), according to Australian Bureau of Statistics data released today.

The employment rise of 12,000 was made up of a fall of 20,600 in full-time employment, while part-time employment jumped 32,700 and monthly hours worked in all roles dropped by 24.2 million hours, or 1.4 per cent.

However, that result was achieved despite a loss of full-time jobs.

Elsewhere, the unemployment rate lifted in Tasmania (to 6.6 per cent).

But like the national figures, a drop in the participation rate helped bring down the State's jobless rate.

"Fewer opportunities for work appears to be discouraging some people, leading to them dropping out of the labour force", Ms Hunter said.

State Industry and Skills Minister David Pisoni said the total number of South Australians in work was at a record high, with 842,600 people in employment.

The full-time job fall was offset by a 32,600 increase in part-time employment.

In a sign of a slowdown in the jobs market since the start of the year, over the past 12 months the nation has created 303,900 jobs.

Queensland added 5,000 jobs, lowering its unemployment rate from 6.5 per cent to 6.2 per cent, and 2,800 jobs were added in NSW, taking unemployment down to 4.9 per cent.

Other reports by Iphone Fresh

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