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Australia – Seasonally adjusted unemployment rate rises in March

19 April 2021

Australia’s seasonally adjusted unemployment rate stood at 5.6% in March 2021, 0.4% higher than a year ago, according to data from the Australian Bureau of Statistics.

At the same time, the number of unemployed people increased by 62,100 over the year to March 2021.

When compared to the previous month, the unemployment rate decreased 0.2% to 5.6%. The number of unemployed people decreased by 27,100 to a total of 778,100.

The youth unemployment rate increased 0.2% over the year to March 2021 to a rate of 11.8% and decreased by 1.1% when compared to the previous month.

Over the year to March 2021, employment increased 74,300 people, or 0.6%.

In March 2021, monthly hours worked in all jobs increased by 1.2% over the year to 1.80 billion hours and by 2.2% over the month.

In March 2021, the labour force participation rate increased 0.4% over the year to March 2021 to 66.3%, and was up 0.2% compared to the previous month.