6202.0 - Labour Force, Australia, Aug 2012 Quality Declaration
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 06/09/2012
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Australia's unemployment rate decreased 0.1 percentage points to 5.1 per cent in August 2012
Australia's seasonally adjusted unemployment rate decreased 0.1 percentage point to 5.1 per cent in August, as announced by the Australian Bureau of Statistics (ABS) today.
The ABS reported the number of people employed decreased by 8,800 to 11,498,100 in August. The decrease in employment was driven by decreased part-time employment, down 9,300 people to 3,426,700. Male part-time employment was down 8,400 people. Full-time employment increased by 600 people to 8,071,400.
The number of people unemployed decreased by 10,600 people to 622,600 in August, the ABS reported.
The ABS monthly aggregate hours worked series showed a decrease in August, down 5.7 million hours to 1,618.8 million hours.
The ABS reported a seasonally adjusted labour force participation rate decrease of 0.2 percentage points to 65.0 per cent in August.
The seasonally adjusted underemployment rate was 7.2 per cent in August 2012. Combined with the unemployment rate of 5.1 per cent, the latest estimate of total seasonally adjusted labour force underutilisation was 12.4 per cent in August.
More details are in the August 2012 issue of Labour Force, Australia (cat. no. 6202.0), as well as the upcoming August 2012 issues of Labour Force, Australia, Detailed (cat. no. 6291.0.55.001) and Labour Force, Australia, Quarterly (cat. no. 6291.0.55.003), which are both due for release next week on September 13. These publications are available for free download (after release) from the ABS website - www.abs.gov.au.
When reporting ABS data, the Australian Bureau of Statistics (or ABS) must be attributed as the source.
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