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Employment Rises in March

Posted on : Tuesday, 18 April 2017

ABS data show that both Trend Employment estimates (which smooth the "volatility" of seasonally adjusted estimates) increased by 16,500) as did Seasonally Adjusted Employment (60,900 increase) which  increased in the March 2017 Quarter even though Unemployment rates remain steady - estimated Seasonally Adjusted Unemployment rate remained at 5.9% while the Trend Unemployment series increased by less than 0.1% to 5.9%.

 

The number of persons Employed (Trend estimates) increased (to 12,033,400) and there was an increase calculated by the seasonally adjusted indicator (to 12,059,600).

 

Full-Time employment increased under both Indicators with the Trend increase by 15,600 (March) and seasonally adjusted employment increased by 74,500. Part-time employment increasing by 900 based on the Trend indicator while decreasing seasonally adjusted (13,600).

 

The seasonally adjusted Unemployment figures showed unemployment decreased 4,000 (to 753,100). The number of unemployed persons looking for FT work increased to 528,600 (up 2,900). The number of unemployed persons looking only for PT work increased 1,100.

 

The National Participation rate (seasonally adjusted) increased by 0.2% to 64.8%

 

The National Labour Force patterns since March 2015 (seasonally adjusted)

 

MONTH

Employed ('000)

Full Time

Part Time

Unemployment (%)

March 2015

11,521.2

7,982.3

3,538.9

5.9%

March 2015

11,678.1

8,091.7

3,586.4

6.1%

March 2016

11,913.6

8,170.8

3,742.8

5.7%

Dec 2016

11,990.5

8,182.7

3,807.8

5.8%

Jan 2016

11,995.8

8,125.4

3,870.5

5.7%

Feb 2017

11,998.6

8,164.1

3,834.5

5.9%

March 2017

12,059.6

8,238.6

3,821.0

5.9%

 

 

In March 2017, increases in trend employment were observed in all States and Territories except NSW. The largest increase was in Victoria (5,100) and Qld (4,400). Trend unemployment rate increased by less than 0.1% in NSW and Victoria. Decreases in the seasonally adjusted unemployment rate in Qld (0.3%) with the largest unemployment rate increase in SA and WA (up 0.4%).

 

 The following Table illustrates the UNEMPLOYMENT MEASURES by State/Territory

 

                               

STATE/TERRITORY

TREND

SEASONALLY ADJUSTED

ORIGINAL

February

March

February

February

February

March

%

%

%

%

%

%

New South Wales

5.1

5.2

5.2

5.1

5.6

5.3

Victoria

6.0

6.1

6.0

6.1

6.3

6.5

Queensland

6.4

6.4

6.6

6.3

7.5

6.8

South Australia

6.7

6.7

6.6

7.0

6.9

7.4

Western Australia

6.4

6.4

6.1

6.5

6.7

6.9

Tasmania

5.9

5.8

5.8

6.0

6.1

6.1

Northern Territory

3.5

3.5

np

np

3.0

3.7

ACT

3.7

3.7

np

np

4.6

3.9

AUSTRALIA

5.8

5.9

5.9

5.9

6.4

6.2

 

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 - March 2017)