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