Thursday 15th December 2016 - 12:47 pm

Full-time employment “steady”

by Alan Thornhill

Full time employment remained steady – at 5.6 per cent last month the bureau of statistics

said today.

It added that 6 mnthly 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,”Mr Hockman said .

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.

elease 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.

Media note:

When reporting ABS data, the Australian Bureau of Statistics (or AB


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