1350.0.55.001 - Australian Economic Indicators Glossary, 2006  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 31/07/2007  Reissue
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Underemployed workersUnderemployed workers are employed persons who want, and are available for, more hours of work than they currently have. They comprise:
  • persons employed part-time who want to work more hours and are available to start work with more hours, either in the reference week or in the four weeks subsequent to the survey
  • persons employed full-time who worked part-time hours in the reference week for economic reasons (such as being stood down or insufficient work being available). It is assumed that these people wanted to work full-time in the reference week and would have been available to do so.
Reference: Australian Labour Market Statistics. cat. no. 6105.0.

Underemployment rateThe number of underemployed workers expressed as a percentage of the labour force.
Reference: Australian Labour Market Statistics. cat. no. 6105.0.

UnemployedPersons aged 15 years and over who were not employed during the reference week, and:
  • had actively looked for full-time or part-time work at any time in the four weeks up to the end of the reference week and were available for work in the reference week, or
  • were waiting to start a new job within four weeks from the end of the reference week and could have started in the reference week if the job had been available then.
Reference: Labour Force, Australia. cat. no. 6202.0.

Unemployed looking for full-time workUnemployed persons who:
  • actively looked for full-time work; or
  • were waiting to start a new full-time job.
Reference: Labour Force, Australia. cat. no. 6202.0.

Unemployed looking for part-time workUnemployed persons who:
  • actively looked for part-time work only; or
  • were waiting to start a new part-time job.
Reference: Labour Force, Australia. cat. no. 6202.0.

UnemployedPersons aged 15 years and over who were not employed during the reference week, and: had actively looked for full-time or part-time work at any time in the four weeks up to the end of the reference week and were available for work in the reference week; or were waiting to start a new job within four weeks from the end of the reference week and could have started in the reference week if the job had been available then.
Reference: Labour Force, Australia. cat. no. 6202.0.

Unemployed looking for full-time workUnemployed persons who: actively looked for full-time work; or were waiting to start a new full-time job.
Reference: Labour Force, Australia. cat. no. 6202.0.

Unemployed looking for part-time workUnemployed persons who: actively looked for part-time work only; or were waiting to start a new part-time job.
Reference: Labour Force, Australia. cat. no. 6202.0.

Unemployment rateFor any group, the number of unemployed persons expressed as a percentage of the labour force in the same group.
Reference: Labour Force, Australia. cat. no. 6202.0.

Unemployment to population ratioFor any group, the number of unemployed persons expressed as a percentage of the civilian population in the same group.
Reference: Labour Force, Australia. cat. no. 6202.0.

UnemploymentSee Unemployed.

Unincorporated enterpriseA business entity in which the owner and the business are legally inseparable, so that the owner is liable for any business debts that are incurred.
Reference: Forms of Employment, Australia. cat. no. 6359.0.

Unit labour costsSee Treasury Unit Labour Costs.

Unit occupancy rateThe unit occupancy rate for holiday flats, units and houses represents unit occupancy expressed as a percentage of total capacity available during the survey period.
Reference: Tourist Accommodation, Australia. cat. no. 8635.0.

Unoccupied private dwellingThese are structures built specifically for living purposes which are habitable, but unoccupied at the time of the Census of Population and Housing. Vacant houses, holiday homes, huts, cabins (other than seasonal workers' quarters) and houseboats are counted as unoccupied dwellings. Also included are newly completed dwellings not yet occupied, dwellings which are vacant because they are due for demolition or repair, dwellings to let and dwellings where all members of the household were absent on census night.
Reference: Demographic Estimates and Projections: Concepts, Sources and Methods. cat. no. 3228.0.

Use of goods and servicesIn the IMF GFS system, the total value of goods and services used by the general government sector in production, including use of goods acquired for resale.
Reference: Australian System of Government Finance Statistics: Concepts, Sources and Methods. cat. no. 5514.0.55.001.

Usual hours workedThe hours usually worked per week by an employed person.
Reference: Australian Labour Market Statistics. cat. no. 6105.0.

UtilityOften defined as the satisfaction derived from consumption of a good or service.
Reference: Australian Consumer Price Index: Concepts, Sources and Methods. cat. no. 6461.0.