Australia Job Market Status
NOVEMBER KEY FIGURES
 |
|
Oct 2009 |
Nov 2009 |
Oct 09 to Nov 09 |
Nov 08 to Nov 09 |
||
| Trend | |
|
|
|
|
|
|
|
Employed persons ('000) | 10 827.1 |
10 844.4 |
17.3 |
|
0.4 |
% |
|
Unemployed persons ('000) | 661.8 |
659.4 |
-2.4 |
|
28.9 |
% |
|
Unemployment rate (%) | 5.8 |
5.7 |
0.0 |
pts | 1.2 |
pts |
|
Participation rate (%) | 65.2 |
65.2 |
0.0 |
pts | -0.1 |
pts |
| Seasonally Adjusted | |
|
|
|
|
|
|
|
Employed persons ('000) | 10 837.0 |
10 868.2 |
31.2 |
|
0.6 |
% |
|
Unemployed persons ('000) | 666.3 |
653.1 |
-13.3 |
|
27.2 |
% |
|
Unemployment rate (%) | 5.8 |
5.7 |
-0.1 |
pts | 1.1 |
pts |
|
Participation rate (%) | 65.3 |
65.2 |
0.0 |
pts | -0.1 |
pts |
NOVEMBER KEY POINTS for Australia Jobs
TREND ESTIMATES (MONTHLY CHANGE)
- Employment increased to 10,844,400
- Unemployment decreased to 659,400
- Unemployment rate decreased to 5.7%
- Participation rate remained at 65.2%
- Aggregate monthly hours worked increased to 1,528.3 million hours
SEASONALLY ADJUSTED ESTIMATES (MONTHLY CHANGE)
- Employment increased 31,200 (0.3%) to 10,868,200. Full-time employment increased 30,800 to 7,627,400 and part-time employment increased slightly, up 300, to 3,240,700.
- Unemployment decreased 13,300 to 653,100. The number of persons looking for full-time work decreased 11,100 to 486,400 and the number of persons looking for part-time work decreased 2,100 to 166,700.
- Unemployment rate decreased 0.1 pt to 5.7%. The male unemployment rate decreased 0.1 pt to 5.8% and the female unemployment rate decreased 0.1 pt to 5.5%.
- Participation rate decreased slightly to 65.2%.
- Aggregate monthly hours worked increased 13.4 million hours (0.9%) to 1,536.3 million hours.
LABOUR UNDERUTILISATION (QUARTERLY CHANGE)
- Trend estimates: Labour Force underutilisation rate constant at 13.6%
- Seasonally adjusted estimates: Labour Force underutilisation rate decreased 0.1 pt to 13.5%. The male labour force underutilisation rate decreased 0.1 pt to 11.9% and the female labour force underutilisation rate decreased 0.3 pts to 15.3%.
REVISION TO POPULATION BENCHMARKS
The ABS will revise Labour Force Survey population benchmarks from November 2007 in mid 2010. The revisions will impact on level estimates, such as the number of persons employed and unemployed, but will have negligible impact on movement estimates or estimates of rates, such as the unemployment rate. Further information is available in October 2009 issue of Labour Force, Australia (cat. no. 6202.0).
SAMPLING ERROR
The estimates in this publication are based on a sample survey. Therefore, published estimates and the movements derived from them are subject to sampling variability. Standard errors give a measure of this variability, see pages 33 and 34. The interval bounded by two standard errors is the 95% confidence interval, which provides a way of looking at the variability inherent in estimates. This represents a 95% chance that the true value of the estimate lies within that interval.
Movements in seasonally adjusted series between October 2009 and November 2009 |
||||
|
Monthly change |
95% Confidence interval |
||
|
|
|
|
|
| Total Employment | 31 200 |
-23 400 |
to |
85 800 |
| Total Unemployment | -13 300 |
-45 300 |
to |
18 700 |
| Unemployment rate | -0.1 pts |
-0.3 pts |
to |
0.1 pts |
| Participation rate | 0.0 pts |
-0.4 pts |
to |
0.4 pts |
source: Australia bureau of Statistics
abs.gov.au