Sydney Australia skyline

Australia Unemployment February 2020

Australia: Unemployment rate unexpectedly falls in February

Seasonally-adjusted employment rose by 26,700 in February, following a revised 12,900 job addition in January (previously reported: +13,500). February’s result easily beat market expectations of a 10,000 jobs addition and was driven by an expansion in both full-time and part-time employment.

Moreover, seasonally-adjusted unemployment fell to 5.1% in February, from January’s 5.3%. Meanwhile, the seasonally-adjusted underemployment rate remained steady at January’s 8.6% in February, while the seasonally-adjusted participation rate dipped 0.1 percentage points to 66.0% in the second month of 2020.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest