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Employment levels steady while participation at high levels

Posted on : Wednesday, 23 May 2018

The latest employment level data from the ABS show another record high of 65.7%, a continuation of the figure from the previous quarter).


The trend employment patterns continued to grow with monthly rates showing an increase of 13,800 to 12,505,200. On an annual basis, this indicator shows employment increasing by 355,200 (or 2.9%). Trend full time employment increased by 5,900 between March and April. Part time employment increased by 7,900. With revised figures, the monthly trend unemployment rate was revised to 5.5%.


In seasonally adjusted employment terms, the April monthly rate saw employment increase 22,600 (12,501,000), with full time employment increasing by 32,700 (8,543,400) while part time employment decreased by 10,000 (3,957,700). The monthly unemployment rate (seasonally adjusted) increased 10,600 (to 741,000) (5.6%). The number of unemployed persons looking for full time work decreased 17,100 (506,100) and with 234,900 unemployed persons looking only for part time work, this increased by 27,600.

 

National Labour Force patterns since April 2015 (Trend)


MONTH

Employed ('000)

Full Time

Part Time

Unemployment (%)

April 2015

11,716.1

8,100.5

3,615.5

6.1%

April 2016

11,971.8

8,205.5

3,766.3

5.7%

April 2017

12,150.0

8,287.8

3,862.2

5.7%

January 2017

12,456.9

8,525.5

3,931.4

5.5%

February 2018

12,476.1

8,532.5

3,943.6

5.5%

March 2018

12,491.4

8,538.0

3,953.4

5.5%

April 2018

12.505.2

8,543.8

3,961.3

5.5%

 

In April, increases in trend employment were observed in all states and territories except the ACT and Tasmania where employment decreased by 800 and 100, respectively. The largest increases were in NSW (up 9,400), Victoria (2,100) and WA (up 1,400). On an annual basis, the highest annual growth rates were in NSW (3.8%), Qld (3.5%) and the ACT (2.7%. In seasonally adjusted terms, the largest increase in employment, were NSW (+27,100) followed by WA (+8,300) and SA (+2,700). The largest increases in seasonally adjusted unemployment was in Qld (up 0.4%) and SA (up 0.3%).

 

Unemployment measures by state/territory


                                   
STATE/TERRITORY

TREND

SEASONALLY ADJUSTED

ORIGINAL

March

April

March

April

March

April

%

%

%

%

%

%

New South Wales

4.9

4.9

5.0

5.0

5.3

4.9

Victoria

5.4

5.3

5.3

5.3

5.5

5.3

Queensland

6.2

6.3

6.1

6.5

6.6

6.6

South Australia

5.9

5.9

5.6

5.9

5.8

5.9

Western Australia

6.3

6.4

6.9

6.5

7.5

6.5

Tasmania

6.0

6.0

6.1

6.0

6.2

5.8

Northern Territory

4.3

4.3

np

np

3.9

4.8

ACT

4.0

4.0

np

np

4.2

3.5

 

 

 

 

 

 

 

AUSTRALIA

5.5

5.5

5.5

5.6

5.9

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 - April 2018)