Full time employment falls as unemployment rate hits 5.3%

By David Olsen · 12 August 2010 · Economy

Unemployment Rate Surges: What's Behind the Shocking Numbers?

Australia's job market is taking a hit, with a record number of people out of work. But what's driving this unexpected shift, and what does it mean for your future?

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Summary

Australia’s unemployment rate increased by 0.2 percentage points to 5.3 percent in July, seasonally adjusted, with a fall in the number of full time employed.

Tags: ABS, employment, Unemployment, Unemployment Rate