Australian (ASX) Stock Market Forum

Reply to thread

Been a drop off in interest in threads such as this as the employment numbers improve in Australia. 


Today's figures from the ABS available at http://www.abs.gov.au/ausstats/abs@.nsf/mf/6202.0?OpenDocument


-----------


NOVEMBER KEY POINTS



TREND ESTIMATES (MONTHLY CHANGE)


    * Employment increased to 10,844,400

    * Unemployment decreased to 659,400

    * Unemployment rate decreased to 5.7%

    * Participation rate remained at 65.2%

    * Aggregate monthly hours worked increased to 1,528.3 million hours




SEASONALLY ADJUSTED ESTIMATES (MONTHLY CHANGE)


    * Employment increased 31,200 (0.3%) to 10,868,200. Full-time employment increased 30,800 to 7,627,400 and part-time employment increased slightly, up 300, to 3,240,700.

    * Unemployment decreased 13,300 to 653,100. The number of persons looking for full-time work decreased 11,100 to 486,400 and the number of persons looking for part-time work decreased 2,100 to 166,700.

    * Unemployment rate decreased 0.1 pt to 5.7%. The male unemployment rate decreased 0.1 pt to 5.8% and the female unemployment rate decreased 0.1 pt to 5.5%.

    * Participation rate decreased slightly to 65.2%.

    * Aggregate monthly hours worked increased 13.4 million hours (0.9%) to 1,536.3 million hours.




LABOUR UNDERUTILISATION (QUARTERLY CHANGE)


    * Trend estimates: Labour Force underutilisation rate constant at 13.6%

    * Seasonally adjusted estimates: Labour Force underutilisation rate decreased 0.1 pt to 13.5%. The male labour force underutilisation rate decreased 0.1 pt to 11.9% and the female labour force underutilisation rate decreased 0.3 pts to 15.3%.


---------------------


Top