AUGUST KEY FIGURES

		Jul 2014	Aug 2014	Jul 14 to Aug 14		Aug 13 to Aug 14
Trend
	Employed persons ('000)	11 619.8	11 638.4	18.7		1.5	%
	Unemployed persons ('000)	756.1	764.1	8.0		10.2	%
	Unemployment rate (%)	6.1	6.2	0.1	pts	0.5	pts
	Participation rate (%)	64.9	65.0	0.1	pts	0.1	pts
Seasonally Adjusted
	Employed persons ('000)	11 582.5	11 703.5	121.0		2.2	%
	Unemployed persons ('000)	788.5	755.1	-33.5		7.9	%
	Unemployment rate (%)	6.4	6.1	-0.3	pts	0.3	pts
	Participation rate (%)	64.9	65.2	0.4	pts	0.4	pts

Employed Persons

Unemployment Rate

AUGUST KEY POINTS


TREND ESTIMATES (MONTHLY CHANGE)

• Employment increased to 11,638,400.
• Unemployment increased to 764,100.
• Unemployment rate increased 0.1 pts to 6.2%.
• Participation rate increased 0.1 pts to 65.0%.
• Aggregate monthly hours worked increased 3.2 million hours (0.2%) to 1,613.6 million hours.

SEASONALLY ADJUSTED ESTIMATES (MONTHLY CHANGE)

• Employment increased 121,000 to 11,703,500. Full-time employment increased 14,300 to 8,094,300 and part-time employment increased 106,700 to 3,609,200.
• Unemployment decreased 33,500 to 755,100. The number of unemployed persons looking for full-time work decreased 24,600 to 541,000 and the number of unemployed persons only looking for part-time work decreased 8,900 to 214,100.
• Unemployment rate decreased 0.3 pts to 6.1%.
• Participation rate increased 0.4 pts to 65.2%.
• Aggregate monthly hours worked increased 0.1 million hours to 1 ,609.5 million hours.

LABOUR UNDERUTILISATION (QUARTERLY CHANGE)

• Trend estimates: The labour force underutilisation rate increased to 14.3%.
• Seasonally adjusted estimates: The labour force undertuilisation rate increased 1.0 pts to 14.6%. The male labour force underutilisation rate increased 1.0 pts to 12.7%. The female labour force underutilisation rate increased 1.0 pts to 16.9%.

NOTES

FORTHCOMING ISSUES

ISSUE	Release Date
September 2014	9 October 2014
October 2014	6 November 2014
November 2014	11 December 2014
December 2014	15 January 2015
January 2015	12 February 2015
February 2015	12 March 2015

CHANGES IN THIS AND UPCOMING ISSUES

For information on changes to Labour Force outputs, refer to 'Changes in this and upcoming Labour Force Issues' on pages 7-8.


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 JULY 2014 AND AUGUST 2014
	Monthly change	95% Confidence interval
Total Employment	121 000	63 400	to	178 600
Total Unemployment	-33 500	-71 300	to	4 300
Unemployment rate	-0.3 pts	-0.7 pts	to	0.1 pts
Participation rate	0.4 pts	0.0 pts	to	0.8 pts

INQUIRIES

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