Aust jobless rate 5.2% in Nov

Australia's unemployment rate fell to a three-month low of 5.2 per cent in November from 5.4 per cent in October, official figures show.

Total employment rose 13,900 to 11.546 million in the month, according to the seasonally adjusted figures released by the Australian Bureau of Statistics on Thursday.

The forecast was for total employment to fall by 5,000 in November with the unemployment rate at 5.5 per cent, according to the median of 14 market economists surveyed by AAP.

Full-time employment fell by 4,200 to 8.132 million in November and part-time employment was up 18,100 to 3.414 million.

The November participation rate was 65.1 per cent, compared with 65.2 per cent in October.

The November participation rate was forecast to be 65.1 per cent.

The ABS report also showed aggregate hours worked by employed people in Australia rose by 0.1 per cent in November, seasonally adjusted, after a fall of 0.3 per cent in October.

Aggregate hours worked in November were 0.3 per cent higher than a year earlier in November 2011, after a rise of 1.3 per cent between November 2010 and November 2011, and an increase of 2.6 per cent in the 12 months before that.

The ABS figures also show the trend measure of hours worked rose by 0.1 per cent in November after being unchanged in the preceding two months and falling by 0.1 per cent in each of the three months before that.

Market Data

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    NamePriceChange% Chg
    0.9327-0.0005-0.05%
    AUDUSD=X
    0.5555-0.0003-0.05%
    AUDGBP=X
    0.6753-0.0003-0.05%
    AUDEUR=X
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