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NOVEMBER KEY FIGURES
| | Oct 2018 | Nov 2018 | Oct 18 to Nov 18 | Nov 17 to Nov 18 |
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Trend | | | | | | |
| Employed persons ('000) | 12 666.0 | 12 694.8 | 28.8 | | 2.4 | % |
| Unemployed persons ('000) | 687.4 | 684.4 | -3.0 | | -4.7 | % |
| Unemployment rate (%) | 5.2 | 5.1 | 0.0 | pts | -0.4 | pts |
| Underemployment rate (%) | 8.3 | 8.4 | 0.0 | pts | -0.1 | pts |
| Participation rate (%) | 65.6 | 65.7 | 0.0 | pts | 0.2 | pts |
| Monthly hours worked in all jobs ('000 000) | 1 759.5 | 1 762.2 | 2.7 | | 1.9 | % |
Seasonally Adjusted | | | | | | |
| | | | | |
| Employed persons ('000) | 12 657.2 | 12 694.3 | 37.0 | | 2.3 | % |
| Unemployed persons ('000) | 670.6 | 683.1 | 12.5 | | -3.9 | % |
| Unemployment rate (%) | 5.0 | 5.1 | 0.1 | pts | -0.3 | pts |
| Underemployment rate (%) | 8.3 | 8.5 | 0.2 | pts | 0.0 | pts |
| Participation rate (%) | 65.5 | 65.7 | 0.2 | pts | 0.2 | pts |
| Monthly hours worked in all jobs ('000 000) | 1 762.7 | 1 759.5 | -3.3 | | 1.1 | % |
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Employed Persons
Unemployment Rate
NOVEMBER KEY POINTS
TREND ESTIMATES
- Employment increased 28,800 to 12,694,800. Full-time employment increased 19,300 to 8,692,500 and part-time employment increased 9,500 to 4,002,300.
- Unemployment decreased 3,000 to 684,400. Male unemployment decreased 500 persons and female unemployment decreased 2,500 persons.
- Unemployment rate decreased less than 0.1 pts to 5.1%, the lowest since early 2012.
- Participation rate increased less than 0.1 pts to 65.7%, the highest trend participation rate ever.
- Monthly hours worked in all jobs increased 2.7 million hours to 1762.2 million hours.
SEASONALLY ADJUSTED ESTIMATES
- Employment increased 37,000 to 12,694,300. Full-time employment decreased 6,400 to 8,684,600 and part-time employment increased 43,400 to 4,009,600.
- Unemployment increased 12,500 to 683,100. Male unemployment increased 11,500 persons and female unemployment increased 1,000 persons.
- Unemployment rate increased 0.1 pts to 5.1%.
- Participation rate increased 0.2 pts to 65.7%.
- Monthly hours worked in all jobs decreased 3.3 million hours to 1,759.5 million hours.
LABOUR UNDERUTILISATION
- The monthly trend underemployment rate increased less than 0.1 pts to 8.4%. The monthly trend underutilisation rate remained steady at 13.5%.
- The monthly seasonally adjusted underemployment rate increased 0.2 pts to 8.5%. The monthly seasonally adjusted underutilisation rate increased 0.2 pts to 13.6%.
NOTES
FORTHCOMING ISSUES
ISSUE | Release Date |
December 2018 | 24 January 2019 |
January 2019 | 21 February 2019 |
February 2019 | 21 March 2019 |
March 2019 | 18 April 2019 |
April 2019 | 16 May 2019 |
May 2019 | 13 June 2019 |
RELEASE OF 6291 MONTHLY AND QUARTERLY PUBLICATIONS
Labour Force, Australia, Detailed - Electronic Delivery, Nov 2018 (cat. no. 6291.0.55.001) and Labour Force, Australia, Detailed, Quarterly, Nov 2018 (cat. no. 6291.0.55.003) will both be released on 21 December 2018 given the proximity of todays release to Christmas.
MAJOR REBENCHMARKING OF LABOUR FORCE ESTIMATES
The ABS has rebenchmarked Labour Force estimates to final 2016 rebased Estimated Resident Population (ERP) benchmarks, resulting in revisions to Labour Force estimates for the period from July 2011 onwards. These rebenchmarked estimates were initially released in Labour Force, Australia - Rebenchmarked Estimates, October 2018(cat. no. 6202.0.55.003) on 13 December 2018.
Further information on this major rebenchmarking process can be found in the article "Major Rebenchmarking of Labour Force Series" in the October 2017 issue of Labour Force, Australia - Rebenchmarked Estimates (cat. no. 6202.0.55.003).
Labour Force estimates will continue with the minor quarterly rebenchmarking, with the outcome of the next rebenchmarking to be reflected in revisions in the February issue of Labour Force, Australia (cat.no. 6202.0)
CESSATION OF A PDF PRODUCT
Following a period of user consultation, the ABS has ceased publication of a PDF as part of the release of Labour Force, Australia (cat. no. 6202.0).
All of the information that was contained in the PDF will continue to be available elsewhere in this release. Should you have any questions around where to locate this information, please contact us at client.services@abs.gov.au.
CESSATION OF 'WHAT IF'
Following a review of products released within Labour Force, Australia(cat. no. 6202.0), the ABS has confirmed the very limited use of the 'What If' information. Furthermore, the insights this product provides into trend revision scenarios are consistent over time, with previous 'What If' analysis providing a similarly useful guide to trend revisions.
The November 2018 issue will be the final release containing this information. This brings Labour Force, Australia (cat.no. 6202.) into alignment with other releases from the ABS.
Should you have any questions or concerns regarding this change, please contact us at client.services@abs.gov.au.
NEW LABOUR FORCE SURVEY SAMPLE
As previously highlighted, the ABS is currently phasing in a new sample design. This began with the incoming rotation group in July 2018 and will continue through to February 2019. An information paper titled Information Paper: Labour Force Survey Sample Design, Jul 2018 (cat. no. 6269.0) was released on 30 July 2018 with detailed information on the new sample. As with each regular sample design, the impacts on the data are expected to be minimal and the ABS will monitor the quality of the estimates over the period the sample is phased in.
ROUNDING
Estimates of changes in the commentary have been calculated using unrounded estimates, and may be different from, but are more accurate than, movement obtained from the rounded estimates. Graphs also depict unrounded estimates.
SAMPLING ERROR
The estimates in this publication are based on a sample survey. Published estimates and movements are subject to sampling variability. Standard errors give a measure of sampling variability. 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 OCTOBER 2018 AND NOVEMBER 2018 |
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| Monthly change | 95% Confidence interval |
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Total Employment | 37 000 | -23 600 | to | 97 600 |
Total Unemployment | 12 500 | -48 100 | to | 73 100 |
Unemployment rate | 0.1 pts | -0.1 pts | to | 0.3 pts |
Participation rate | 0.2 pts | -0.2 pts | to | 0.6 pts |
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INQUIRIES
For further information about these and related statistics, email client.services@abs.gov.au or contact the National Information and Referral Service on 1300 135 070.
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