The headline attention grabbing numbers are the 'seasonally adjusted' and they look quite good this month (November release):

The Australian Bureau of Statistics tells us to pay great heed to the 'trend' numbers …. here they are:

trend unemployment rate decreased by less than 0.1 percentage points to 5.2 per cent i

  • ABS Chief Economist Bruce Hockman said: "In November 2019, the trend unemployment rate decreased slightly to 5.2 per cent, the same level it was six months ago.""Over the past six months, the trend unemployment rate, participation rate and employment to population ratio have all remained relatively stable," said Mr Hockman.

More:

trend monthly employment increased by around 17,000 people

  • Full-time employment increased by around 8,000
  • part-time employment increased by around 9,000

Over the past year, trend employment increased by around 269,000 people (2.1 per cent), which continued to be above the average annual growth over the past 20 years (2.0 per cent).

  • Full-time employment increased at the same rate as the past 20 years (1.6 per cent), and part-time employment (3.2 per cent) was above the average annual growth over the past 20 years (3.0 per cent).

The trend monthly hours worked increased by 0.1 per cent in November 2019 and by 1.6 per cent over the past year.

  • This was slightly below the 20 year average annual growth of 1.7 per cent.

Underemployment and underutilisation

  • The trend monthly underemployment rate remained steady at 8.4 per cent in November 2019, an increase of 0.1 percentage points over the past year.
  • The trend monthly underutilisation rate also remained steady at 13.6 per cent in November 2019, an increase of 0.3 percentage points over the past year.

A decent report from this perspective. That last paragraph on underemployment and underutilisation takes some of the gloss off though.