Australian labour market – rebound after weak month but 10 per cent of available and willing labour remain idle

Created
Thu, 15/06/2023 - 12:38
Updated
Thu, 15/06/2023 - 12:38
The Australian Bureau of Statistics (ABS) released of the latest labour force data today (June 15, 2023) – Labour Force, Australia – for May 2023. The May result reverses two consecutive months of weaker results from the Labour Force survey. Employment rose by 75.9 thousand (a strong monthly result), participation rose by 0.1 point to…