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6202.0 - Labour Force, Australia, Feb 2014 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 13/03/2014   
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FEBRUARY KEY FIGURES

Jan 2014
Feb 2014
Jan 14 to Feb 14
Feb 13 to Feb 14

Trend
Employed persons ('000)
11 493.7
11 502.2
8.5
0.5
%
Unemployed persons ('000)
726.5
733.7
7.2
10.9
%
Unemployment rate (%)
5.9
6.0
0.1
pts
0.5
pts
Participation rate (%)
64.7
64.7
0.0
pts
-0.4
pts
Seasonally Adjusted
Employed persons ('000)
11 483.6
11 530.8
47.3
0.6
%
Unemployed persons ('000)
732.3
742.2
9.8
13.2
%
Unemployment rate (%)
6.0
6.0
0.1
pts
0.6
pts
Participation rate (%)
64.6
64.8
0.2
pts
-0.3
pts


Employed Persons
Graph: Employed Persons

Unemployment Rate
Graph: Unemployment Rate




FEBRUARY KEY POINTS


TREND ESTIMATES (MONTHLY CHANGE)
  • Employment increased to 11,502,200.
  • Unemployment increased to 733,700.
  • Unemployment rate increased 0.1 pts to 6.0%.
  • Participation rate remained steady at 64.7% from a revised January 2014 estimate.
  • Aggregate monthly hours worked increased 2.1 million hours (0.1%) to 1,610.8 million hours.


SEASONALLY ADJUSTED ESTIMATES (MONTHLY CHANGE)
  • Employment increased 47,300 to 11,530,800. Full-time employment increased 80,500 to 8,049,900 and part-time employment decreased 33,300 to 3,480,900.
  • Unemployment increased 9,800 (1.3%) to 742,200. The number of unemployed persons looking for full-time work decreased 24,100 to 525,000 and the number of unemployed persons only looking for part-time work increased 33,900 to 217,200.
  • The unemployment rate increased 0.1 pts to 6.0%, based on unrounded estimates.
  • Participation rate increased 0.2 pts to 64.8%.
  • Aggregate monthly hours worked decreased 14.0 million hours (0.9%) to 1,608.9 million hours.


LABOUR UNDERUTILISATION (QUARTERLY CHANGE)
  • Trend estimates: The labour force underutilisation rate remained steady at 13.5% from a revised November 2013 estimate.
  • Seasonally adjusted estimates: The labour force underutilisation rate was 13.5%. The male labour force underutilisation rate decreased 0.2 pts to 11.5%. The female labour force underutilisation rate increased 0.3 pts to 15.8%.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
March 2014 10 April 2014
April 2014 8 May 2014
May 2014 12 June 2014
June 2014 10 July 2014
July 2014 7 August 2014
August 2014 11 September 2014



ROUNDING

Estimates of monthly and quarterly 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, 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 JANUARY 2014 AND FEBRUARY 2014

Monthly change
95% Confidence interval

Total Employment
47 300
-9 900
to
104 500
Total Unemployment
9 800
-30 600
to
50 200
Unemployment rate
0.1 pts
-0.3 pts
to
0.5 pts
Participation rate
0.2 pts
-0.2 pts
to
0.6 pts




INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070, email client.services@abs.gov.au or Labour Force on Canberra (02) 6252 6525, email labourforce@abs.gov.au\>. The ABS Privacy Policy outlines how the ABS will handle any personal information that you provide to us.

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Commonwealth of Australia 2014

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