Part 3/8:
The participation rate, which measures the percentage of working-age individuals either employed or actively seeking work, remained steady at 67%. Notably, female participation hit record highs in July, with female employment-to-population ratios reaching 60.9%, and the female participation rate climbing to 63.5% — both historical highs. Hours worked across Australia increased slightly by 0.3%, totaling nearly 2 billion hours in a monthly figure, further signaling robust activity in the labor force.