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top suburbs

12 month growth
Box Hill
127.02%
Mollymook
82.85%
Brightwaters
79.93%
Cleve
78.13%
Bawley Point
76.2%
Murrays Beach
75.57%
Terranora
70%
Crescent Head
69.38%
Park Ridge South
68.32%
Mollymook Beach
67.09%
SEE AREA REPORTS ON SMART PROPERTY INVESTMENT WEBSITE
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Unemployment edges higher in October

By Staff Reporter
12 November 2009 | 1 minute read

The unemployment rate crept slightly higher in October to 5.8 per cent, narrowing the likelihood of a third consecutive rate increase next month.

According to figures released by the Australian Bureau of Statistics (ABS) today, the unemployment rate rose 0.1 point in September to 5.8 per cent seasonally adjusted.

The male unemployment rate increased 0.2 points to 6.0 per cent while the female unemployment rate remained steady at 5.6 per cent.

The total number of unemployed persons increased 11,100 to 670,100.

The number of persons looking for full-time work increased 3,500 to 501,100 and the number of persons looking for part-time work increased 7,600 to 169,000.

Unemployment edges higher in October
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Do you have an industry update?

top suburbs

12 month growth
Box Hill
127.02%
Mollymook
82.85%
Brightwaters
79.93%
Cleve
78.13%
Bawley Point
76.2%
Murrays Beach
75.57%
Terranora
70%
Crescent Head
69.38%
Park Ridge South
68.32%
Mollymook Beach
67.09%
SEE AREA REPORTS ON SMART PROPERTY INVESTMENT WEBSITE
Subscribe to Newsletter

Ensure you never miss an issue of the Real Estate Business Bulletin.
Enter your email to receive the latest real estate advice and tools to help you sell.