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Unemployment edges up despite massive coronavirus jobs bounce-back – ABC News

Australia’s unemployment rate edges up to 7.5 per cent, but almost 115,000 jobs were created in July.



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Australia’s unemployment rate has edged up to 7.5 per cent, with almost 115,000 jobs created in July.

  • Unemployment was expected to jump from 7.4 to 7.8 per cent, but only rose to 7.5 per cent
  • Hours worked rose by 1.3 per cent as 43,500 full-time jobs were added and 71,200 part-time jobs
  • Underemployment dropped by half a percentage point, even as participation in the labour market rose

The Bureau of Statistics data now estimates that more than a million Austral…

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