NOVEMBER KEY FIGURES

		Oct 2014	Nov 2014	Oct 14 to Nov 14		Nov 13 to Nov 14
Trend
	Employed persons ('000)	11 606.7	11 613.9	7.1		1.2	%
	Unemployed persons ('000)	770.6	775.4	4.7		9.0	%
	Unemployment rate (%)	6.2	6.3	0.0	pts	0.4	pts
	Participation rate (%)	64.6	64.6	0.0	pts	-0.1	pts
Seasonally Adjusted
	Employed persons ('000)	11 594.7	11 637.4	42.7		1.2	%
	Unemployed persons ('000)	773.0	777.7	4.7		10.4	%
	Unemployment rate (%)	6.2	6.3	0.0	pts	0.5	pts
	Participation rate (%)	64.6	64.7	0.1	pts	0.0	pts

Employed Persons

Unemployment Rate

NOVEMBER KEY POINTS


TREND ESTIMATES (MONTHLY CHANGE)

• Employment increased to 11,613,900.
• Unemployment increased to 775,400.
• Unemployment increased by less than 0.1 pts to 6.3%.
• Participation rate remained steady at 64.6%.
• Aggregate monthly hours worked decreased 1.8 million hours to 1,606.1 million hours.

SEASONALLY ADJUSTED ESTIMATES (MONTHLY CHANGE)

• Employment increased 42,700 to 11,637,400. Full-time employment increased 1,800 to 8,059,400 and part-time employment increased 40,800 to 3,578,000.
• Unemployment increased 4,700 to 777,700. The number of unemployed persons looking for full-time work increased 13,500 to 545,900 and the number of unemployed persons only looking for part-time work decreased 8,800 to 231,700.
• Unemployment rate increased by less than 0.1 pts to 6.3%.
• Participation rate increased 0.1 pts to 64.7%.
• Aggregate monthly hours worked decreased 4.4 million hours (0.3%) to 1 ,610.6 million hours.

LABOUR UNDERUTILISATION (QUARTERLY CHANGE)

• Trend estimates: The labour force underutilisation rate increased 0.5 pts to 14.8%.
• Seasonally adjusted estimates: The labour force underutilisation rate increased 0.6 pts to 15.0%. The male labour force underutilisation rate increased 0.5 pts to 13.1%. The female labour force underutilisation rate increased 0.7 pts to 17.2%.

NOTES

FORTHCOMING ISSUES

ISSUE	Release Date
December 2014	15 January 2015
January 2015	12 February 2015
February 2015	12 March 2015
March 2015	9 April 2015
April 2015	7 May 2015
May 2015	11 June 2015

WHAT'S NEW IN THE LABOUR FORCE

For information regarding quarterly rebenchmarking and the release of results of an independent technical review into the Labour Force survey and the ABS response, refer to page 5.


ROUNDING

Estimates of change shown on the front cover and used in the commentary have been calculated using unrounded estimates, and may be different from, but are more accurate than, movements obtained from the rounded estimates. The graphs on the front cover also depict unrounded estimates.


SAMPLING ERROR

The estimates in this publication are based on a sample survey. Published estimates and the movements derived from them are subject to sampling variability. Standard errors give a measure of sampling variability (see Standard Errors section). The interval bounded by two standard errors is the 95% confidence interval, which provides a way of looking at the variability inherent in estimates. There is a 95% chance that the true value of the estimate lies within that interval.

MOVEMENTS IN SEASONALLY ADJUSTED SERIES BETWEEN OCTOBER 2014 AND NOVEMBER 2014
	Monthly change	95% Confidence interval
Total Employment	42 700	-14 900	to	100 300
Total Unemployment	4 700	-33 500	to	42 900
Unemployment rate	0.0 pts	-0.4 pts	to	0.4 pts
Participation rate	0.1 pts	-0.3 pts	to	0.5 pts

INQUIRIES

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