Unemployment to stay at four-year high

THE unemployment rate is likely to stay at a four-year high for a second consecutive month.

Official September job figures, out on Thursday, are expected to show the unemployment rate remains at 5.8 per cent, an AAP survey of 15 economists shows.

The number of people with jobs is forecast to have risen by 15,000 in September, compared to a fall of 10,800 in August and a loss of 11,400 in July.

AMP chief economist Shane Oliver said economic growth in recent months has not be strong enough to bring down the unemployment rate.

"Insufficient jobs growth resulting in rising unemployment will continue for a while yet," he said."

"There have been some positive signs with the housing sector quite clearly starting to recover and business and consumer confidence bouncing higher, but it will take a while for that to flow through to stronger jobs growth."

The participation rate - the percentage of the working-age population either in work or looking for a job - is expected to stay steady at 65.0 per cent in September.

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