Jobs market remains strong as 10 million now hold down full-time work

The nation’s jobs market is showing no signs of slowing, with another 64,100 people getting work in September and a record proportion of Australians in work or looking for it.

The Australian Bureau of Statistics said on Thursday the jobless rate was steady at 4.1 per cent last month, while the participation rate climbed to a record high of 67.2 per cent.

Unemployment was steady last month with another 64,000 people getting work.

Unemployment was steady last month with another 64,000 people getting work.Credit: Getty

Full-time jobs made up the bulk of the 64,100 increase in total employment, at 51,600, while part-time positions were up by 12,500.

For the first time, more than 10 million Australians are holding down a full-time job. Over the past year, total employment has climbed by 434,000.

There was a 9100 drop in the number of unemployed, although over the past year, total unemployment has climbed by 90,000.

The bureau’s head of labour statistics, Bjorn Jarvis, said unemployment had been around 4.1 per cent for the past six months.

“The record employment-to-population ratio and participation rate shows that there are still large numbers of people entering the labour force and finding work in a range of industries, as job vacancies continue to remain above pre-pandemic levels,” he said.

Unemployment fell or was steady in every state and territory bar South Australia.

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