Post by Roy Morgan

In May 2026, Australian ‘real’ unemployment increased 69,000 to 1,704,000 (10.7% of the workforce, up 0.6%), and under-employment dropped 136,000 to 1,503,000 (down 0.7% to 9.5%). The decrease in the workforce was driven by a drop in employment, down 300,000 to 14,156,000 - a third straight monthly decline in employment since February. There were declines in both full-time employment, down 224,000 to 8,921,000, and part-time employment, down 76,000 to 5,235,000. Overall employment represents 60.4% of Australians aged 14+. Read more: https://lnkd.in/gisd-xUS