NOVEMBER KEY FIGURES
| | Oct 2017 | Nov 2017 | Oct 17 to Nov 17 | Nov 16 to Nov 17 |
|
Trend | | | | | | |
| Employed persons ('000) | 12 357.9 | 12 380.1 | 22.2 | | 3.1 | % |
| Unemployed persons ('000) | 710.2 | 707.3 | -2.9 | | -2.7 | % |
| Unemployment rate (%) | 5.4 | 5.4 | 0.0 | pts | -0.3 | pts |
| Participation rate (%) | 65.3 | 65.4 | 0.0 | pts | 0.7 | pts |
Seasonally Adjusted | | | | | | |
| Employed persons ('000) | 12 341.3 | 12 403.0 | 61.6 | | 3.2 | % |
| Unemployed persons ('000) | 703.6 | 707.7 | 4.1 | | -3.3 | % |
| Unemployment rate (%) | 5.4 | 5.4 | 0.0 | pts | -0.3 | pts |
| Participation rate (%) | 65.2 | 65.5 | 0.3 | pts | 0.7 | pts |
|
Employed Persons
| Unemployment Rate
|
NOVEMBER KEY POINTS
TREND ESTIMATES (MONTHLY CHANGE)
- Employment increased 22,200 to 12,380,100.
- Unemployment decreased 2,900 to 707,300.
- Unemployment rate remained steady at 5.4%.
- Participation rate increased less than 0.1 pts to 65.4%.
- Monthly hours worked in all jobs increased 3.8 million hours (0.2%) to 1,734.4 million hours.
SEASONALLY ADJUSTED ESTIMATES (MONTHLY CHANGE)
- Employment increased 61,600 to 12,403,000. Full-time employment increased 41,900 to 8,501,900 and part-time employment increased 19,700 to 3,901,100.
- Unemployment increased 4,100 to 707,700. The number of unemployed persons looking for full-time work increased 2,500 to 489,900 and the number of unemployed persons only looking for part-time work increased 1,700 to 217,800.
- Unemployment rate remained steady at 5.4%.
- Participation rate increased 0.3 pts to 65.5%.
- Monthly hours worked in all jobs increased 9.8 million hours (0.6%) to 1,740.9 million hours.
LABOUR UNDERUTILISATION (QUARTERLY CHANGE)
- Trend estimates: the labour force underemployment rate decreased by 0.2 pts to 8.4%. The underutilisation rate decreased by 0.3 pts to 13.8%.
- Seasonally adjusted estimates: the labour force underemployment rate decreased 0.2 pts to 8.3%. The underutilisation rate decreased by 0.3 pts to 13.7%.
NOTES
FORTHCOMING ISSUES
ISSUE | Release Date |
December 2017 | 18 January 2018 |
January 2018 | 15 February 2018 |
February 2018 | 22 March 2018 |
March 2018 | 19 April 2018 |
April 2018 | 17 May 2018 |
May 2018 | 14 June 2018 |
UPDATE ON MAJOR REBENCHMARKING
The ABS has rebenchmarked Labour Force estimates to 2016-based population benchmarks. For more information, please refer to "What's new in the Labour Force".
ROUNDING
Estimates of changes 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, movement 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 movements are subject to sampling variability. Standard errors give a measure of sampling variability. 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 2017 AND NOVEMBER 2017 |
|
| Monthly change | 95% Confidence interval |
| | | | |
|
Total Employment | 61 600 | 1 800 | to | 121 400 |
Total Unemployment | 4 100 | -31 700 | to | 39 900 |
Unemployment rate | 0.0 pts | -0.2 pts | to | 0.2 pts |
Participation rate | 0.3 pts | -0.1 pts | to | 0.7 pts |
|
INQUIRIES
For further information about these and related statistics, email <client.services@abs.gov.au> or contact the National Information and Referral Service on 1300 135 070.