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 December 2006 and December 2007, the Victorian labour force grew by 85,300 people (3.1%). During this period, the number of employed persons rose by 87,400 (3.4%) and the number of unemployed persons fell by 2,100 (-1.6%). The unemployment rate decreased from 5.0% to 4.7%.
Between December 2006 and December 2007, the labour force grew by 58,000 persons (2.9%) in the Melbourne Major Statistical Region (MSR) and by 27,300 persons (3.8%) in the Balance of Victoria MSR. The proportion of employed persons who worked full-time increased from 71.2% to 71.7% in the Melbourne MSR, but decreased in the Balance of Victoria MSR (69.6% to 67.9%).
The number of unemployed people increased by 4,500 (5.1%) in the Melbourne MSR and fell by 6,600 (-14.3%) in Balance of Victoria MSR. The unemployment rate increased from 4.4% to 4.5% in the Melbourne MSR and decreased from 6.5% to 5.3% in the Balance of Victoria MSR. The labour force participation rate increased in both Melbourne MSR (66.2% to 66.9%) and Balance of Victoria MSR (63.3% to 64.5%).
Within the Balance of Victoria, the Barwon-Western District statistical region displayed the largest increase in employment (20,700 persons) followed by the Central Highlands-Wimmera statistical region (9,400 persons) and the All Gippsland statistical region (8,900 persons). A fall in employment was experienced in the Loddon-Mallee statistical region (8,900 persons). All statistical regions experienced a fall in their unemployment rate over the period, except for the All Gippsland statistical region.
View underlying table as an Excel spreadsheet: 1367.2 Table 7, Civilian Labour Force, By Region (file size 7.6kB).
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