Historical highs in female participation have helped lower the unemployment rate to 4.2 percent.
The latest Australian Bureau of Statistics (ABS) data shows the seasonally adjusted unemployment rate fell to 4.2 percent in July.
ABS Head of Labour Statistics Sean Crick said employment rose by 25,000 people and the number of unemployed decreased by 10,000 people, leading to the unemployment rate falling by 0.1 percent in July.
Mr Crick said growth in employment was driven by full-time employment, which was up by 60,000 people, with a 36,000 person fall in part-time employment partly offsetting this rise.
He said female full-time workers grew by 40,000 while male full-time workers rose by 20,000.
“The female employment-to-population ratio and participation rate reached 60.9 percent and 63.5 percent respectively, both new historical highs.”
Mr Crick said the trend unemployment rate remained steady at 4.2 percent, with employment growing by around 25,000 people (+0.2 percent) in July, and two percent over the past 12 months.
“Trend annual employment growth has been faster than population growth for most of the past year, but has slowed in recent months to be in line with annual population growth in July,” he said.
