The Employment-To-Population Ratio Falls To 1953 Levels


A better-than-expected increase of 117,000 jobs was accompanied by a July unemployment rate of 9.1%, down from the previous month’s 9.2%.

The consensus was for 9.2% and their own estimate was a less happy 9.3%.

However, the employment-to-population ratio has slipped to a level first seen in March 1953.

Read the full post here >

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at