Australia’s Unemployment Rate Remains Steady at 3.7 Percent in August

Australians are continuing to work more according to new data from the Australian Bureau of Statistics.

Workers can be seen on a section of a new overpass being constructed in Albany, Western Australia, on Aug. 10, 2023. Susan Mortimer/The Epoch Times

Australia’s unemployment rate remained steady at 3.7 percent in August on the back of more jobs added to the economy, according to the latest figures from the Australian Bureau of Statistics (ABS).

Seasonally adjusted, the number of unemployed people totalled 540,500 in August, up 8.5 percent year over year but down 0.5 percent from the previous month. The participation rate was at 67 percent, as the total number of employed people increased to 14.11 million.