MARCH KEY FIGURES
| | Feb 2007 | Mar 2007 | Feb 07 to Mar 07 | Mar 06 to Mar 07 |
|
Trend | | | | | | |
| Employed persons ('000) | 10 355.3 | 10 369.2 | 13.9 | | 2.8 | % |
| Unemployed persons ('000) | 494.2 | 493.1 | -1.1 | | -8.9 | % |
| Unemployment rate (%) | 4.6 | 4.5 | 0.0 | pts | -0.6 | pts |
| Participation rate (%) | 64.8 | 64.8 | 0.0 | pts | 0.4 | pts |
Seasonally Adjusted | | | | | | |
| Employed persons ('000) | 10 359.6 | 10 370.1 | 10.5 | | 2.7 | % |
| Unemployed persons ('000) | 501.5 | 488.7 | -12.8 | | -8.4 | % |
| Unemployment rate (%) | 4.6 | 4.5 | -0.1 | pts | -0.5 | pts |
| Participation rate (%) | 64.9 | 64.8 | -0.1 | pts | 0.3 | pts |
|
Employed Persons
| Unemployment rate
|
MARCH KEY POINTS
TREND ESTIMATES (MONTHLY CHANGE)
- EMPLOYMENT increased to 10,369,200
- UNEMPLOYMENT decreased to 493,100
- UNEMPLOYMENT RATE decreased to 4.5%
- PARTICIPATION RATE remained at 64.8%
SEASONALLY ADJUSTED ESTIMATES (MONTHLY CHANGE)
EMPLOYMENT
- increased by 10,500 to 10,370,100. Full-time employment increased by 31,700 to 7,442,800 and part-time employment decreased by 21,200 to 2,927,300.
UNEMPLOYMENT
- decreased by 12,800 to 488,700. The number of persons looking for full-time work decreased by 2,800 to 341,600 and the number of persons looking for part-time work decreased by 10,000 to 147,100.
UNEMPLOYMENT RATE
- decreased by 0.1 percentage point to 4.5%. The male unemployment rate decreased by 0.1 percentage point but the rounded estimate remained at 4.2%, and the female unemployment rate decreased by 0.2 percentage points to 4.9%.
PARTICIPATION RATE
- decreased by 0.1 percentage point to 64.8%.
NOTES
FORTHCOMING ISSUES
ISSUE | Release Date |
April 2007 | 10 May 2007 |
May 2007 | 7 June 2007 |
June 2007 | 12 July 2007 |
July 2007 | 9 August 2007 |
August 2007 | 6 September 2007 |
September 2007 | 11 October 2007 |
ANNUAL REVIEW OF SEASONALITY
In addition to the ongoing monthly revision of seasonal factors, an annual review of seasonality is usually undertaken in February each year. The annual review does not normally result in significant changes to published estimates. The review for 2007 will be delayed until May to coincide with the introduction of composite estimation.
ROUNDING
Estimates of monthly change shown on the front cover 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 ERRORS
The estimates in this publication are based on a sample survey. Because the entire population is not enumerated, the published estimates and the movements derived from them are subject to sampling variability. Standard errors give a measure of this variability and appear on pages 28 and 29.
The 95% confidence intervals below provide another way of looking at the variability inherent in estimates from sample surveys. The interval bounded by the two limits is the 95% confidence interval. A 95% confidence interval has a 95% chance of including the true value of the estimate.
Movements in seasonally adjusted series between February and March 2007 |
| |
| Monthly change | 95% Confidence interval | |
| | | | | |
| |
Total Employment | 10 500 | -42 100 | to | 63 100 | |
Total Unemployment | -12 800 | -41 800 | to | 16 200 | |
Unemployment rate | -0.1 pts | -0.3 pts | to | 0.1 pts | |
Participation rate | -0.1 pts | -0.5 pts | to | 0.3 pts | |
| |
INQUIRIES
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Bjorn Jarvis on Canberra (02) 6252 6525.