Australia's unemployment rate edges up to 6.9% in Sept

  • Australia's unemployment rate edges up to 6.9% in Sept

Australia's unemployment rate edges up to 6.9% in Sept

The jobless rate rose to 6.9 per cent in September, a smaller rise than expected, as the number of people employed fell by 29,500.

According to data released by the Australian Bureau of Statistics (ABS) on Thursday, the official unemployment rate was 6.9 percent in September, up from 6.8 percent in August but still well below July's 22-year high of 7.5 percent.

The latest unemployment figures were slightly better than forecasts of 7 per cent, but underlying figures suggest enduring economic pain.

Nearly one million Australians have lost their jobs and many more have been forced to take pay cuts or seen hours slashed.

The ABS figures for September showed that about 400,000 people entered employment for the month while around 350,000 people left the workforce.

Despite Victoria's lockdown, it's unemployment rate fell by 0.5 points to 6.7 per cent while Western Australia's was down by 0.4 points to 6.7 per cent.

Jobs in Melbourne have been hit hard by the coronavirus shut down of large parts of its economy.

"We've already had a very strong bounce back over the last few months", Morrison said, adding that more than 170,000 jobs all around the country have come back in the last two months.

There has also been a big rise in underemployment of 3 per cent over the past year, meaning 11.4 per cent of Australian workers do not have as many hours of work as they need.