6202.0.55.003 - Labour Force, Australia - Rebenchmarked Estimates, October 2017  
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 07/12/2017   
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OVERVIEW

The ABS re-benchmarks Labour Force data once a quarter (ahead of the release of February, May, August and November issues) to ensure the estimates are based on the most up to date population benchmarks. This publication presents the estimates up to October 2017 based on the revised population benchmarks.

Revisions to original data resulting from rebenchmarking are usually confined to the previous 22 months. However, with the completion of the 2016 Census, preliminary 2016-based ERP population benchmarks are now available. Following consultation with key users, the ABS has rebenchmarked the Labour Force estimates to 2016-based ERP population benchmarks, resulting in revisions to Labour Force estimates for the period from July 2011 onwards (76 months).

Further information on this rebenchmarking process can be found in the article "Major Rebenchmarking of Labour Force Series" in the October 2017 issue of Labour Force, Australia - Rebenchmarked Estimates (cat. no. 6202.0.55.003).

Detailed information on the extent of revisions resulting from rebenchmarking can be derived by comparing the data released in this issue and the data released in the October 2017 issue of Labour Force, Australia (cat. no. 6202.0) on 16 November 2017.

Incorporating the latest revised population benchmarks has resulted in minor revisions across the Labour Force series. The population benchmarks were revised from July 2011 to October 2017 , however minor revisions to seasonally adjusted and trend estimates will also occur throughout the time series due to concurrent seasonal adjustment.

The ABS will continue with the regular quarterly rebenchmarking, as per the process outlined in the article ‘Rebenchmarking of Labour Force Series’, published in the February 2015 issue of Labour Force, Australia (cat. no. 6202.0).

Users of this rebenchmarking product are encouraged to compare data with that included in the previous release of Labour Force, Australia (cat. no. 6202.0). However, these rebenchmarked estimates are produced for information only, and should not be considered a replacement for the estimates in Labour Force, Australia (cat. no. 6202.0).