LABOUR FORCE COMMENTARY NOVEMBER 2014
NATIONAL ESTIMATES
Australia's unemployment rate increased less than 0.1 percentage points to 6.3% in November 2014 (seasonally adjusted). The number of unemployed persons increased by 4,700 to 777,700 in November 2014 (seasonally adjusted).
The seasonally adjusted underemployment rate was 8.6% in November 2014, an increase of 0.3 percentage points from August 2014. Combined with the November unemployment rate of 6.3%, the latest seasonally adjusted estimate of total labour force underutilisation was 15.0% in November 2014, an increase of 0.6 percentage points. In trend terms, the underemployment rate increased 0.3 percentage points to 8.5% in November 2014 and total labour force underutilisation increased 0.5 percentage points to 14.8%, based on unrounded estimates.
In trend terms the unemployment rate increased less than 0.1 percentage points to 6.3% in November 2014. The number of employed persons in November 2014 increased by 7,100 to 11,613,900 and the number of unemployed persons increased by 4,700 to 775,400 in trend terms. The trend participation rate remained at 64.6% in November 2014.
November 2014 saw the seasonally adjusted participation rate increase 0.1 percentage points to 64.7%.
The seasonally adjusted number of employed persons increased by 42,700 in November 2014 to 11,637,400. The employment to population ratio, which expresses the number of employed persons as a percentage of the civilian population aged 15 years and over, increased 0.1 percentage points to 60.7% based on unrounded estimates (seasonally adjusted). In trend terms, the employment to population ratio was unchanged at 60.6%.
Employment to population ratio, Persons, June 2013 to November 2014
Seasonally adjusted full-time employment increased by 1,800 persons to 8,059,400 persons while part-time employment increased by 40,800 to 3,578,000 persons in November 2014. The increase in total employment resulted from:
- an increase in female part-time employment, up 36,400 persons
- an increase in male full-time employment, up 23,300 persons
- an increase in male part-time employment, up 4,400 persons
- a decrease in female full-time employment, down 21,500 persons.
Seasonally adjusted aggregate monthly hours worked decreased 4.4 million hours (0.3%) in November 2014 to 1,610.6 million hours.
STATE ESTIMATES
The largest absolute increases in seasonally adjusted employment were in New South Wales (up 19,600 persons) and Victoria (up 10,800 persons).
The largest increases in the seasonally adjusted participation rate were in Tasmania (up 1.0 percentage points) and New South Wales (up 0.4 percentage points).
The largest increase in the seasonally adjusted unemployment rate was in New South Wales (up 0.3 percentage points). The largest decrease in the seasonally adjusted unemployment rate was in Queensland (down 0.2 percentage points).
Seasonally adjusted estimates are not published for the territories.
Unemployment rate, States and Territories, October 2014 and November 2014 |
|
 | Trend | Seasonally Adjusted |
| October | November | October | November |
| % | % | % | % |
|
| New South Wales | 5.9 | 5.9 | 5.8 | 6.0 |
| Victoria | 6.8 | 6.9 | 6.8 | 6.8 |
| Queensland | 6.8 | 6.9 | 7.1 | 6.9 |
| South Australia | 6.6 | 6.5 | 6.7 | 6.6 |
| Western Australia | 5.1 | 5.1 | 5.1 | 5.2 |
| Tasmania | 7.1 | 7.0 | 6.9 | 6.9 |
| Northern Territory | 4.0 | 3.9 | np | np |
| Australian Capital Territory | 5.1 | 5.2 | np | np |
| Australia | 6.2 | 6.3 | 6.2 | 6.3 |
|
| np not available for publication but included in totals where applicable, unless otherwise indicated |
ABOUT THE DATA
The method for removing the effects of supplementary surveys prior to the calculation of seasonal factors has been applied to November 2014 estimates. This accounts for the Forms of Employment supplementary survey which was previously run in November.
The Queensland Government declared a public holiday on Friday 14 November 2014 for the Brisbane City Council local government area in preparation for the G20 Leaders' Summit. This is not an ongoing public holiday (and therefore not a systematic calendar related event). Therefore, any influence of the public holiday will remain in the seasonally adjusted series.
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