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December 2016 Employment Figures

Posted on : Friday, 20 January 2017

December 2016 Labour Force data released by the Australian Bureau of Statistics shows that the estimated Seasonally Adjusted Unemployment rate increased again slightly to 5.8% (from 5.7% in November) while theTrend Unemployment series remained unchanged at 5.7% with the Trend participation rates also steady at 64.6%.

With the number of persons employed increasing by 13,500 to 11,985,900 (December) 2016 (seasonally adjusted ), the Trend Indicator estimates also show an increase (8,200) to 11,966,800. The seasonally adjusted indicator shows that full time (FT) employment increased 9,300 to 8,176,500 as did part time (PT) employment (by 4,200 to 3,809,500) in December.

The Unemployment figures showed the seasonally adjusted increased by 14,700 to 741,100. The number of unemployed persons looking for FT work increased to 528,900 (up 15,000). The number of unemployed persons looking only for PT work decreased 300 (to 212,200).The NationalParticipation rate (seasonally adjusted) increased 0.1% points to 64.7%.

 

The National Labour Force patterns since December 2013 (seasonally adjusted)

MONTH

Unemployment (%)

Employed ('000)

Full Time

P/Time

Dec 2013

5.9%

11,423.3

7,914.6

3,508.7

Dec 2014

6.1%

11,597.5

8,029.5

3,568.0

Dec 2015

5.7%

11,894.4

8,210.5

3,684.0

Sept 2016

5.6%

11,918.8

8,081.5

3,837.4

Oct 2016

5.6%

11,935.4

8,128.8

3,806.6

Nov 2016

5.7%

11,972.5

8,167.2

3,805.3

Dec 2016

5.8%

11,985.0

8,176.5

3,809.5

 

The following Table illustrates the UNEMPLOYMENT MEASURES by State/Territory (November 2016 - December 2016). The largest increase in trend employment in December 2016 was in Victoria (up 5,200). Trend employment in NSW remained unchanged. In percentage terms, the NT (0.7%) and Victoria (0.2%) had the strongest growth.Trend unemployment rate increased in WA and Victoria by less than 0.1%. While the seasonally adjusted unemployment rate increased in NSW (0.3%) and Queensland (0.2%)

 

STATE/

TERRITORY

TREND

SEASONALLY ADJUSTED

ORIGINAL

Nov

Dec

Nov

Dec

Nov

Dec

%

%

%

%

%

%

New South Wales

5.0

5.0

4.9

5.2

4.7

5.1

Victoria

5.9

5.0

6.0

6.0

5.7

5.8

Queensland

6.0

6.0

6.0

6.2

5.4

5.8

South Australia

6.7

6.8

7.0

6.8

6.6

6.5

Western Australia

6.6

6.7

6.9

6.6

6.0

6.4

Tasmania

6.4

6.4

6.3

6.4

6.2

6.4

Northern Territory

3.6

3.6

np

np

3.7

2.8

ACT

3.7

3.7

np

np

3.9

3.3

AUSTRALIA

5.7

5.7

5.7

5.8

5.4

5.6

 

The high degree of variability, which can lead to considerable revisions, is the reason for not publishing seasonally adjusted estimates for the NT and the ACT.            

ABS Labour Force 6202.0 - December 2016

 


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