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LABOUR FORCE COMMENTARY JUNE 2015
In trend terms the unemployment rate was unchanged at 6.0% in June 2015. The number of employed persons in June 2015 increased by 15,200 to 11,767,200 and the number of unemployed persons decreased by 2,800 to 753,800 in trend terms. The trend participation rate was unchanged at 64.8% in June 2015.
The employment to population ratio, which expresses the number of employed persons as a percentage of the civilian population aged 15 years and over, was unchanged at 60.9% (seasonally adjusted) in June 2015. In trend terms, the employment to population ratio increased less than 0.1 percentage points to 60.9%.
Seasonally adjusted full-time employment increased by 24,500 persons to 8,156,200 persons while part-time employment decreased by 17,200 to 3,612,400 persons in June 2015. The increase in total employment resulted from:
Seasonally adjusted aggregate monthly hours worked increased 5.1 million hours (0.3%) in June 2015 to 1,636.9 million hours.
The largest absolute increase in seasonally adjusted employment was in New South Wales (up 11,300 persons). The largest absolute decreases in seasonally adjusted employment were in South Australia (down 5,700 persons) and Victoria (down 5,500 persons).
In seasonally adjusted terms, the unemployment rate for Western Australia increased 0.7 percentage points and the participation rate increased 0.6 percentage points. In both cases the series returned closer to the level they were prior to the May 2015 estimates.
Of the other states, the largest decrease in the seasonally adjusted participation rate was in Queensland (down 0.3 percentage points). South Australia (up 0.6 percentage points) had the largest increase in the seasonally adjusted unemployment rate and Tasmania (down 0.5 percentage points) had the largest decrease.
Seasonally adjusted estimates are not published for the territories and the ABS recommends using trend estimates to analyse the underlying behaviour of the state series.
Gross flows (Table 17) highlight the change in labour force status of individuals between last month and this month. Gross flows are derived from the sample that is common between two consecutive months which, after taking account of sample rotation and varying non-response each month, is approximately 80% of the sample. However, the level and movement estimates produced from the gross flows will not necessarily represent 80% of the level and movement estimates in a given month from the whole sample. Despite this limitation, analysis of the gross flows data can provide an indication, in original terms, of underlying movements in the labour market.
In original terms between May and June 2015 the number of persons employed decreased by 26,200 with gross flows showing a net decrease of 49,600. The decrease shown in the gross flows comprised:
In original terms between May and June 2015 the number of persons unemployed increased by less than 100 persons with gross flows showing a net decrease of 8,700. The decrease shown in the gross flows comprised:
As the gross flows data are presented in original terms they are not directly comparable to the seasonally adjusted and trend data discussed elsewhere in the commentary, particularly with the current movement from May 2015 to June 2015 due to the removal of the impact of unprecedented employment growth in Western Australia in May 2015 from seasonally adjusted and trend estimates.
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