CIVILIAN LABOUR FORCE BY REGION
As at May 2007, an improved method of estimation for the Labour Force Survey (LFS) was introduced. The new method, known as composite estimation, produces lower standard errors than the previous estimation method. As part of introducing composite estimation, the ABS has revised all labour force statistics back to April 2001, based on the new estimation method. More information on the statistical impacts of this new estimation method is available in Information Paper: Forthcoming Changes to Labour Force Statistics (cat. no. 6292.0) released on 21 May 2007.
Between March 2007 and March 2008, the Victorian labour force grew by 31,000 people (1.1%). During this period, the number of employed persons rose by 45,100 (1.7%) and the number of unemployed persons fell by 14,100 (-10.3%). The unemployment rate decreased from 5.0% to 4.5%.
Between March 2007 and March 2008, the labour force grew by 34,300 persons (1.7%) in the Melbourne Major Statistical Region (MSR) and fell by 3,300 persons (-0.5%) in the Balance of Victoria MSR. The proportion of employed persons who worked full-time decreased from 71.4% to 70.3% in the Melbourne MSR and from 69.2% to 68.2% in the Balance of Victoria MSR.
The number of unemployed people decreased by 9,500 (-9.5%) in the Melbourne MSR and fell by 4,600 (-12.3%) in Balance of Victoria MSR. The unemployment rate decreased from 5.0% to 4.5% in the Melbourne MSR and decreased from 5.1% to 4.5% in the Balance of Victoria MSR. The labour force participation rate remained constant in the Melbourne MSR (65.7%) and decreased in Balance of Victoria MSR (64.0% to 62.6%).
Within the Balance of Victoria, the All Gippsland statistical region displayed the largest increase in employment (8,000 persons) followed by the Central Highlands-Wimmera statistical region (7,600 persons) and the Barwon-Western District statistical region (7,300 persons). A fall in employment was experienced in the Loddon-Mallee and Goulburn-Ovens-Murray statistical regions (10,900 persons and 10,700 persons respectively).
View underlying table as an Excel spreadsheet: 1367.2 Table 5, Civilian Labour Force, By Region (file size 19kB).