The number of people seeking work in Australia has increased by 20,000 in the past three months to a record high of 13.2 million, a jobless rate of 4.5%, according to the latest ABS figures.
This means that unemployment is still “fierce” and the number of unemployed people has been on track to hit 18.7 million by the end of the year, according to a report by the ABS.
“The unemployment rate remains a very strong and high rate of unemployment,” ABS data analyst Peter Cunha said.
“However, job creation is on track.”
The ABS said that the total number of jobs in Australia remained stable at 12.9 million, with a “broadly unchanged” employment outlook.
This was partly due to strong job creation in manufacturing and mining, which had added 9,000 jobs over the past 12 months, while there was a further boost to services and tourism.
The unemployment rate is still 5.5% compared to 6.9% a year ago, while the rate for the unemployed has remained steady at 4.7%.
The unemployment figures are not as good as they were a year or two ago.
Unemployment was 3.5 percentage points higher in March 2016 than in April this year.
In the month of June, unemployment was 2.8 percentage points lower than in July last year.
But in October the unemployment rate was 3 percentage points above the previous peak in January.
The ABS expects the unemployment number to be about 4.4 million in 2019.
The latest unemployment figures were released on Friday, the same day as the federal election.
Labor has vowed to cut the number who are unemployed in the job market by up to a quarter if it is elected.
It said it would also cut the amount of unemployment benefits for those who lose their job because of the bushfires.
The Australian Bureau of Statistics (ABS) said that more than half of the unemployment benefit recipients in the July quarter were people who had been unemployed for at least a year.
Mr Cunja said that even with a strong job market, Australians still had a lot of work to do.
“It’s a very important job market for Australia, it’s one of the fastest growing in the OECD,” he said.
“But it’s not just a job market.
It’s also a culture and a society.”
If we can’t grow our culture and society in a way that supports people who are currently unemployed then it will be harder for people to find a job, or they’ll go back to their former job.
“It’s important to recognise that unemployment and people’s ability to get into employment are two different things.
We’ve seen in the last year, there’s been a real recovery in the labour market.
But there’s still a lot more work to be done.”