As the COVID-19 pandemic has evolved there has been a divergence in the degree of restrictions across the state and territories, and the resulting impacts on each state or territory's economy and its labour market. With increasing differences in restrictions across Australia developing, there may continue to be varying impacts across the country in the coming months.
This article compares the key labour market indicators across different parts of Australia that were first highlighted in Impacts on the Australian Labour Market: A regional perspective in the April issue of Labour Force, Australia, Detailed.
The key labour market indicators for June show the large impacts on the Australian labour market in recent months. Between March and May, in seasonally adjusted terms, employment fell by 871,500, before rising by almost 210,800 into June.
In contrast, unemployment has risen from March through June, with the number of unemployed people increasing by a seasonally adjusted 276,200 to almost 1 million and the unemployment rate increasing 2.2 pts to 7.4% over this period. The participation rate decreased by 3.3 pts between March and May, before increasing by 1.3 pts to 64.0% between May and June.