6202.0 - Labour Force, Australia, Mar 2007  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 12/04/2007   
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MARCH KEY FIGURES

Feb 2007
Mar 2007
Feb 07 to Mar 07
Mar 06 to Mar 07

Trend
Employed persons ('000)
10 355.3
10 369.2
13.9
2.8
%
Unemployed persons ('000)
494.2
493.1
-1.1
-8.9
%
Unemployment rate (%)
4.6
4.5
0.0
pts
-0.6
pts
Participation rate (%)
64.8
64.8
0.0
pts
0.4
pts
Seasonally Adjusted
Employed persons ('000)
10 359.6
10 370.1
10.5
2.7
%
Unemployed persons ('000)
501.5
488.7
-12.8
-8.4
%
Unemployment rate (%)
4.6
4.5
-0.1
pts
-0.5
pts
Participation rate (%)
64.9
64.8
-0.1
pts
0.3
pts

Employed Persons
Graph: Employed Persons

Unemployment rate
Graph: Unemployment rate



MARCH KEY POINTS


TREND ESTIMATES (MONTHLY CHANGE)

  • EMPLOYMENT increased to 10,369,200
  • UNEMPLOYMENT decreased to 493,100
  • UNEMPLOYMENT RATE decreased to 4.5%
  • PARTICIPATION RATE remained at 64.8%


SEASONALLY ADJUSTED ESTIMATES (MONTHLY CHANGE)

EMPLOYMENT
  • increased by 10,500 to 10,370,100. Full-time employment increased by 31,700 to 7,442,800 and part-time employment decreased by 21,200 to 2,927,300.

UNEMPLOYMENT
  • decreased by 12,800 to 488,700. The number of persons looking for full-time work decreased by 2,800 to 341,600 and the number of persons looking for part-time work decreased by 10,000 to 147,100.

UNEMPLOYMENT RATE
  • decreased by 0.1 percentage point to 4.5%. The male unemployment rate decreased by 0.1 percentage point but the rounded estimate remained at 4.2%, and the female unemployment rate decreased by 0.2 percentage points to 4.9%.

PARTICIPATION RATE
  • decreased by 0.1 percentage point to 64.8%.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
April 2007 10 May 2007
May 2007 7 June 2007
June 2007 12 July 2007
July 2007 9 August 2007
August 2007 6 September 2007
September 2007 11 October 2007



ANNUAL REVIEW OF SEASONALITY

In addition to the ongoing monthly revision of seasonal factors, an annual review of seasonality is usually undertaken in February each year. The annual review does not normally result in significant changes to published estimates. The review for 2007 will be delayed until May to coincide with the introduction of composite estimation.



ROUNDING

Estimates of monthly change shown on the front cover have been calculated using unrounded estimates, and may be different from, but are more accurate than, movements obtained from the rounded estimates. The graphs on the front cover also depict unrounded estimates.



SAMPLING ERRORS

The estimates in this publication are based on a sample survey. Because the entire population is not enumerated, the published estimates and the movements derived from them are subject to sampling variability. Standard errors give a measure of this variability and appear on pages 28 and 29.


The 95% confidence intervals below provide another way of looking at the variability inherent in estimates from sample surveys. The interval bounded by the two limits is the 95% confidence interval. A 95% confidence interval has a 95% chance of including the true value of the estimate.

Movements in seasonally adjusted series between February and March 2007

Monthly change
95% Confidence interval

Total Employment
10 500
-42 100
to
63 100
Total Unemployment
-12 800
-41 800
to
16 200
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, contact the National Information and Referral Service on 1300 135 070 or Bjorn Jarvis on Canberra (02) 6252 6525.