Monthly trend full-time employment was largely unchanged in Australia in November 2016, according to figures released by the Australian Bureau of Statistics (ABS) today.
Total trend employment increased by 3,100 persons to 11,949,300 persons in November 2016, reflecting an increase in part-time employment of 3,200 persons and a small decrease of 100 persons working full-time.
“Over the past year we have seen a shift towards part-time employment, particularly in the first half of 2016. There are now around 138,300 more people working part-time than there were a year ago, and around 51,000 fewer people working full-time,” said the General Manager of ABS’ Macroeconomic Statistics Division, Bruce Hockman.
The trend unemployment rate remained steady at 5.6 per cent for the second consecutive month, having fallen over the past two years from 6.2 per cent in November 2014.
The trend participation rate was unchanged at 64.5 per cent.
The trend monthly hours worked increased by 0.8 million hours (0.1 per cent), with decreases in total hours worked by full-time workers and an increase in hours worked by part-time workers.
The quarterly trend underemployment rate remained at 8.5 per cent for a third successive quarter. “The underemployment rate is still at a historically high level for Australia, but has been relatively unchanged over the past two years,” said Mr Hockman.
Trend series smooth the more volatile seasonally adjusted estimates and provide the best measure of the underlying behaviour of the labour market.
The seasonally adjusted number of persons employed increased by 39,100 in November 2016. The seasonally adjusted unemployment rate increased by 0.1 percentage points to 5.7 per cent, and the seasonally adjusted labour force participation rate increased by 0.2 percentage points to 64.6 per cent.
More details are in the November 2016 issue of Labour Force, Australia (cat. no. 6202.0). In addition, further information, including regional labour market information, can be found in the upcoming November 2016 issue of Labour Force, Australia, Detailed – Electronic Delivery (cat. no. 6291.0.55.001), due for release on 22 December 2016. Labour Force, Australia, Detailed, Quarterly (cat. no. 6291.0.55.003), which includes employment by industry, is also due for release on 22 December.
These publications are available for free download (after release) from the ABS website: http://www.abs.gov.au.
- When reporting ABS data, the Australian Bureau of Statistics (or ABS) must be attributed as the source.
- For media requests and interviews, contact the ABS Communications Section on 1300 175 070 (8.30am – 5pm Mon-Fri).
- The ABS produces trend estimates to provide a more reliable indicator of the underlying behaviour of the Labour Force series. Trend estimates were introduced into the Labour Force series in the mid 1980s and are available back to February 1978. Trend estimates are considered the best indicators of the underlying behaviour in the labour market. See paragraphs 28 to 37 of the Explanatory Notes in Labour Force, Australia (cat. no. 6202.0).
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SOURCE: Media Release, “Full-time employment remains steady”, Australian Bureau of Statistics, 15 Dec 2016
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