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Employment-to-population ratio up to 64.5% in Australia

Monthly hours worked increased *.* per cent in October ****, similar to the employment growth of *.* per cent. However, the annual growth rate in hours worked had reduced to *.* per cent, down from around * per cent in the middle of the year, and less than the annual employment growth of *.* per cent, as per data released by the Australian Bureau of Statistics (ABS).

The underemployment rate remained at *.* per cent in October, in line with the updated figure for September. While this was *.* percentage points higher than October ****, this was still around *.* percentage points lower than before the pandemic.