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Labour market statistics

More people, more working, more not participating

6 May 2026
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Brad Olsen

Our take on the latest Labour market statistics (Wed 6 May 2026)

Unemployment rate
Participation rate
Employment
5.3%
70.4%
0.2%
Eased slightly in the March 2026 quarter
Fell slightly
Rose in March from December (s.a.)

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