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Employment rises for ninth month

Posted on : Tuesday, 25 July 2017

June trends in labour force data show the monthly trend in employment increasing for the ninth month straight, which has increased by 93,800 over the past three months. This has possibly been at the expense of part-time employment over the same period, which dropped by 4,500 (trend data). The latest unemployment figures show that both trend and seasonally adjusted unemployment sits at 5.6%, down from 5.7% trend and 5.6% seasonally adjusted.

 

Trend employment estimates saw an increase in employment by 26,400 in June (to 12,160,100) with a decrease in unemployment by 3,700, but the unemployment rate decreased 0.1% to 5.6%.

 

The seasonally adjusted employment rate increased by 14,000 (to 12,166,900), which included an increase in full-time employment by 62,000, while part-time employment decreased by 48,000.

 

The seasonally adjusted unemployment figures showed unemployment increased by 13,100 (to 728,100). The number of unemployed persons looking for full-time work increased by 9,200 (to 500,600), with 222,700 unemployed persons looking only for part-time work (up 3,900).

 

The national participation rate (seasonally adjusted) increased 0.1% to 65.0%.

 

The national labour force patterns since June 2015 (seasonally adjusted)


MONTH

Employed ('000)

Full-time

Part-time

Unemployment (%)

June 2014

11,516.9

7,992.0

3,525.0

6.1%

June 2015

11,707.7

8,095.5

3,612.2

6.1%

June 2016

11,926.6

8,180.6

3,746.0

5.7%

March 2017

12,065.7

8,244.6

3,821.1

5.9%

April 2017

12,114.8

8,240.6

3,874.2

5.7%

May 2017

12,152.8

8,294.0

3,858.9

5.6%

June 2017

12,166.9

8,356.0

3,810.8

5.6%

 

In June 2017, increases in trend employment were observed in all states and territories except the Northern Territory (down 1,300). The largest increases were in New South Wales (up 11,600) and Victoria (up 7,300). Trend unemployment rate decreased in Queensland, Western Australia and the Northern Territory. In seasonally adjusted terms, the largest increase in employment was in WA (up 6,900) followed by South Australia (up 4,600) and Victoria (up 3,700). The largest decreases in seasonally adjusted unemployment was in Tasmania (down 0.5%) while Queensland had the largest increase (up 0.4%).

 

The following table illustrates the unemployment measures by state/territory.

 

Unemployment measures by state/territory


                               

STATE/TERRITORY

TREND

SEASONALLY ADJUSTED

ORIGINAL

May

June

May

June

May

June

%

%

%

%

%

%

New South Wales

4.8

4.8

4.8

4.8

4.8

4.7

Victoria

6.0

6.0

6.0

5.9

6.1

5.6

Queensland

6.4

6.3

6.1

6.5

6.3

6.5

South Australia

6.9

7.0

6.9

6.6

7.1

6.4

Western Australia

5.7

5.6

5.5

5.6

5.8

5.3

Tasmania

5.8

5.8

6.1

5.6

5.9

5.6

Northern Territory

3.2

3.1

np

np

3.2

3.2

ACT

4.2

4.4

np

np

3.5

4.7

AUSTRALIA

5.7

5.6

5.7

5.5

5.7

5.5

 

Source: ABS Labour Force 6202.0 - June 2017.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.