Analyzing Labor Markets in Australia, UK, and USA
In September 2023, the workforce in Australia, the UK, and the USA experienced notable shifts. This report...
The seasonally adjusted unemployment rate was 3.6 percent in the June 2023 quarter, compared with 3.4 percent last quarter, according to figures released by Stats NZ.
Per the Australian Bureau of Statistics hours worked decreased by 0.6 million hours (less than 0.1%) in seasonally adjusted terms between August and September 2022, and employment increased by 900 people (less than 0.1%). Throughout the pandemic, the hours worked series shows larger short-term changes compared to the employed series, given that employees may have been away from paid work for a short period without losing their job.