Australia’s Labour Market Shows Modest Gains in May 2026

Australia’s latest Labour Force Survey for May 2026 shows modest improvements in the labour market. The employment‑to‑population ratio rose by 0.1 percentage point to 63.8%, while the unemployment rate fell by 0.1 percentage point to 4.4%. Employment increased by 40,300 people to 14,738,800, and the number of unemployed people fell by 18,300 to 671,300. The underemployment rate climbed 0.1 percentage point to 5.9%, and the participation rate was 66.7%. Total hours worked in all jobs fell by 21.5 million hours to 2,010 million, a 1.1% drop. These figures are based on seasonally adjusted data from the Australian Bureau of Statistics.

© Commonwealth of Australia (Australian Bureau of Statistics).
The text is licensed under Creative Commons Attribution 4.0 International
(https://creativecommons.org/licenses/by/4.0/).

This article is a summary of content originally published by the Australian Bureau of Statistics.

source

Made by AI. If you spot anything of concern write us at contact@cybach.com. We’ll promptly correct irregularities.


Posted