In short: Australia’s population in 2021 was almost seven times larger than in 1901. Life expectancy from birth has increased by 26 years since the early 1900s, while fertility rates in Australia have decreased from 3.1 births per woman in 1921 to 1.7 in 2021. About nine in 10 of Australia’s population live in urban...
Tag: Australian Bureau of Statistics
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Unemployment edges up despite more than 50,000 extra jobs amid rapid population growth
Australia’s unemployment rate has continued to edge higher, despite the creation of about 50,000, mostly full-time, jobs. Bureau of Statistics figures put the unemployment rate at 4.1 per cent in June, up slightly from 4 per cent the previous month. The bureau’s head of labour statistics, Bjorn Jarvis, said a slight increase in the proportion...
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Australia’s unemployment rate declines to 4 per cent in May
Australia’s headline unemployment rate was 4 per cent in May, down 0.1 percentage points from April. The unemployment rate declined slightly because employment rose by 40,000 people in May, and the number of officially unemployed people fell by 9,000. The Bureau of Statistics says in April there had been more unemployed people than usual who...
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The latest building stats are in — here’s what they say about the future of the housing crisis
Decade-low building approvals could spell disaster for the future of the Australian government’s ambitious plans to tackle the worsening housing crisis, property experts say. New statistics released by the Australian Bureau of Statistics show the total number of dwellings approved in April fell by 0.3 per cent from the month prior. Approvals were also down...
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Inflation rises slightly in April to 3.6pc but economists say that should ring ‘alarm bells’ for RBA
In short: The annual rate of inflation ticked up to 3.6 per cent in April, from 3.5 per cent in March. Economists say multiple measures of inflation are now heading in the wrong direction. What’s next? It has raised concerns, once again, that the Reserve Bank may have to respond by lifting interest rates. The...
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Australia’s unemployment rate rises to 4.1 per cent in April
Australia’s headline unemployment rate rose to 4.1 per cent in April, up 0.2 percentage points from March. The number of people counted as officially unemployed increased by 30,300 last month, while the number of employed people increased by 38,500. With employment and unemployment both rising, the participation rate rose by 0.1 percentage points, to 66.7...
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What’s the unemployment rate in your region? This data tells you
Do you feel like the unemployment rate doesn’t reflect the reality of where you’re living? Australia’s headline unemployment rate is currently 3.8 per cent, in seasonally adjusted terms. But that’s a national figure, so it masks big differences in labour markets across the country, and within cities themselves. For example, in Sydney’s eastern suburbs, where...