January 2021

January 2021

February 18, 2021

Seasonally adjusted employment grew by 29.1k nationwide in January, slightly less than the 40.0k expected by market participants.

Employment growth was concentrated in Victoria, which continued to recover from the 2020 Melbourne lockdown.

The unemployment rate fell slightly more than expected by market participants, reaching 6.4% in January against the consensus of 6.5%.

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