6202.0 - Labour Force, Australia, Nov 2004

ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 09/12/2004

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Main Features
About this Release

NOVEMBER KEY FIGURES

		Oct 2004	Nov 2004	Oct 04 to Nov 04		Nov 03 to Nov 04

Trend
	Employed persons ('000)	9,743.3	9,770.7	27.4		2.5	%
	Unemployed persons ('000)	555.4	548.6	-6.8		-6.5	%
	Unemployment rate (%)	5.4	5.3	-0.1	pts	-0.5	pts
	Participation rate (%)	63.6	63.7	0.1	pts	0.3	pts
Seasonally Adjusted
	Employed persons ('000)	9,767.7	9,792.2	24.5		2.6	%
	Unemployed persons ('000)	544.3	539.4	-4.9		-7.3	%
	Unemployment rate (%)	5.3	5.2	-0.1	pts	-0.5	pts
	Participation rate (%)	63.7	63.7	0.1	pts	0.3	pts

Employed Persons
Graph: Employed Persons

Unemployment rate
Graph: Unemployment rate

NOVEMBER KEY POINTS

TREND ESTIMATES (MONTHLY CHANGE)

EMPLOYMENT increased to 9,770,700
UNEMPLOYMENT decreased to 548,600
UNEMPLOYMENT RATE decreased to 5.3%
PARTICIPATION RATE increased to 63.7%

SEASONALLY ADJUSTED ESTIMATES (MONTHLY CHANGE)

EMPLOYMENT

increased by 24,500 to 9,792,200. Full-time employment increased by 28,900 to 7,011,200 while part-time employment decreased by 4,400 to 2,781,000

UNEMPLOYMENT

decreased by 4,900 to 539,400. The number of persons looking for full-time work decreased by 5,400 to 379,400 while the number of persons looking for part-time work increased by 500 to 159,900.

UNEMPLOYMENT RATE

decreased by 0.1 percentage points to 5.2%. The male unemployment rate decreased by 0.1 percentage points to 5.2% and the female unemployment rate remained at 5.3%.

PARTICIPATION RATE

increased slightly, but the rounded estimate remained at 63.7%.

NOTES

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 27 and 28.

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 October and November 2004

	Monthly change	95% Confidence interval


Total Employment	24,500	-12,700	to	61,700
Total Unemployment	-4,900	-17,900	to	8,100
Unemployment rate	-0.1 pts	-0.3 pts	to	0.1 pts
Participation rate	0.1 pts	-0.1 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 Michael Johnson on Canberra (02) 6252 6525.

PRINCIPAL LABOUR FORCE SERIES TREND ESTIMATES

EMPLOYED PERSONS

The trend estimate of employed persons generally rose from a low of 7,637,500 in December 1992 to 9,055,100 in September 2000. The trend estimate then fell slightly to 9,033,500 in January 2001, before rising to 9,463,300 in March 2003. The trend estimate then fell for three months, before rising to stand at 9,770,700 in November 2004.

UNEMPLOYED PERSONS

The trend estimate of unemployed persons fell rapidly from 920,700 in September 1993 to 728,200 in July 1995. The trend estimate then rose to 771,700 in February 1997, before falling to 583,400 in September 2000. After rising to 685,100 in October 2001, the trend estimate has generally fallen to stand at 548,600 in November 2004.

UNEMPLOYMENT RATE

The trend unemployment rate fell rapidly from 10.7% in August 1993 to 8.1% in July 1995. The trend estimate then rose slowly, reaching 8.4% in February 1997, before falling to 6.1% in September 2000. After rising to 7.0% in October 2001, the trend estimate has since fallen to stand at 5.3% in November 2004.

EMPLOYED PERSONS TREND ESTIMATES

EMPLOYED MALES

TOTAL

From a low of 4,392,700 in December 1992, the trend estimate of employed males rose to 5,054,500 in September 2000. The trend then fell to 5,030,200 in February 2001, before generally rising to stand at 5,394,200 in November 2004.

MALES EMPLOYED FULL TIME

From a low of 3,939,500 in November 1992, the trend estimate of males employed full time rose to 4,216,000 in April 1996. After remaining stable for a year, the trend then rose to 4,401,000 in August 2000. The trend then fell to 4,337,000 in July 2001, before generally rising to stand at 4,584,400 in November 2004.

MALES EMPLOYED PART TIME

The trend estimate of males employed part time has risen 59% over the last 10 years, rising from 509,000 in November 1994 to 809,700 in November 2004.

EMPLOYED FEMALES

TOTAL

The trend estimate of employed females rose from 3,244,700 in December 1992 to 4,245,300 in March 2003, with strong growth before mid 1995 and in late 2002. The trend estimate then fell to 4,222,000 in July 2003, before rising to stand at 4,376,500 in November 2004.

FEMALES EMPLOYED FULL TIME

The trend estimate of females employed full time generally rose from 1,865,500 in August 1992 to 2,266,600 in March 2001. The trend then decreased to 2,216,400 in February 2002, before generally rising to stand at 2,410,600 in November 2004.

FEMALES EMPLOYED PART TIME

The trend estimate of females employed part time has risen steadily over the last 10 years. The November 2004 trend estimate of 1,965,900 is 34% higher than the November 1994 estimate of 1,464,900.