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1.Market Observations, 2.Economic forecasts, 8.Was Sticky

16 Nov 2018 (AFR) – Unemployment rate steady at 5pc in October

(16 November 2018, AFR, p3, by Sarah Turner)

Participation rate (NAB, AFR)

Participation rate (NAB, AFR)

‘The Australian economy added 32,800 jobs in October, maintaining the unemployment rate at 5 per cent, and presenting further evidence that the labour market is getting tighter after fresh data this week showed wages advanced the most in three years. Figures released by the Australian Bureau of Statistics on Thursday revealed 42,300 full-time roles were added during the month. The number of part time roles declined 9,500.’

Read more (and see more graphs) at (might need AFR login access, or try:


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