6202.0 - Labour Force, Australia, Oct 2017 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 16/11/2017   
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OCTOBER KEY FIGURES

Sep 2017
Oct 2017
Sep 17 to Oct 17
Oct 16 to Oct 17

Trend
Employed persons ('000)
12 281.2
12 301.2
20.0
2.9
%
Unemployed persons ('000)
712.3
709.4
-3.0
-1.6
%
Unemployment rate (%)
5.5
5.5
0.0
pts
-0.2
pts
Participation rate (%)
65.2
65.2
0.0
pts
0.7
pts
Seasonally Adjusted
Employed persons ('000)
12 293.4
12 297.1
3.7
3.0
%
Unemployed persons ('000)
709.6
701.5
-8.1
-1.2
%
Unemployment rate (%)
5.5
5.4
-0.1
pts
-0.2
pts
Participation rate (%)
65.2
65.1
-0.1
pts
0.7
pts


Employed Persons
Graph: Employed Persons

Unemployment Rate
Graph: Unemployment Rate





OCTOBER KEY POINTS


TREND ESTIMATES (MONTHLY CHANGE)
  • Employment increased 20,000 to 12,301,200.
  • Unemployment decreased 3,000 to 709,400.
  • Unemployment rate remained steady at 5.5%.
  • Participation rate remained steady at 65.2%.
  • Monthly hours worked in all jobs increased 3.5 million hours (0.2%) to 1,720.3 million hours.


SEASONALLY ADJUSTED ESTIMATES (MONTHLY CHANGE)
  • Employment increased 3,700 to 12,297,100. Full-time employment increased 24,300 to 8,425,400 and part-time employment decreased 20,700 to 3,871,700.
  • Unemployment decreased 8,100 to 701,500. The number of unemployed persons looking for full-time work remained steady at 485,900 and the number of unemployed persons only looking for part-time work decreased 8,100 to 215,600.
  • Unemployment rate decreased 0.1 pts to 5.4%.
  • Participation rate decreased 0.1 pts to 65.1%.
  • Monthly hours worked in all jobs increased 4.6 million hours (0.3%) to 1,723.7 million hours.


NOTES

FORTHCOMING ISSUES


ISSUE Release Date
November 2017 14 December 2017
December 2017 18 January 2018
January 2018 15 February 2018
February 2018 22 March 2018
March 2018 19 April 2018
April 2018 17 May 2018


UPDATE ON TIMING OF MAJOR REBENCHMARKING

For an update on the revised timing of the major rebenchmarking please refer to "What's new in the Labour Force". This advice was previously published in the September 2017 issue.


ROUNDING

Estimates of changes shown on the front cover and used in the commentary have been calculated using unrounded estimates, and may be different from, but are more accurate than, movement obtained from the rounded estimates. The graphs on the front cover also depict unrounded estimates.


SAMPLING ERROR

The estimates in this publication are based on a sample survey. Published estimates and movements are subject to sampling variability. Standard errors give a measure of sampling variability. The interval bounded by two standard errors is the 95% confidence interval, which provides a way of looking at the variability inherent in estimates. There is a 95% chance that the true value of the estimate lies within that interval.

MOVEMENTS IN SEASONALLY ADJUSTED SERIES BETWEEN SEPTEMBER 2017 AND OCTOBER 2017

Monthly change
95% Confidence interval

Total Employment
3 700
-55 700
to
63 100
Total Unemployment
-8 100
-44 500
to
28 300
Unemployment rate
-0.1 pts
-0.3 pts
to
0.1 pts
Participation rate
-0.1 pts
-0.5 pts
to
0.3 pts



INQUIRIES

For further information about these and related statistics, email <client.services@abs.gov.au> or contact the National Information and Referral Service on 1300 135 070.