6202.0 - Labour Force, Australia, Aug 2014 Quality Declaration
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 11/09/2014
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Australia's unemployment rate decreased 0.3 percentage points to 6.1 per cent in August 2014
Australia's seasonally adjusted unemployment rate decreased 0.3 percentage points to 6.1 per cent in August 2014, as announced by the Australian Bureau of Statistics (ABS) today.
The seasonally adjusted labour force participation rate increased by 0.4 percentage points to 65.2 per cent in August 2014.
The ABS reported the number of people employed increased by 121,000 to 11,703,500 in August 2014 (seasonally adjusted). The increase in employment was driven by increased part-time employment for both males (up 65,400 persons) and females (up 41,300 persons). In trend terms the number of people employed increased by 18,700 in August 2014.
The ABS monthly seasonally adjusted aggregate hours worked series increased in August 2014, up 0.1 million hours (less than 0.01%) to 1,609.5 million hours.
The seasonally adjusted number of people unemployed decreased by 33,500 to 755,100 in August 2014, the ABS reported.
The seasonally adjusted underemployment rate was 8.5 per cent in August 2014, an increase of 0.7 percentage points from May 2014. Combined with the unemployment rate of 6.1 per cent, the latest seasonally adjusted estimate of total labour force underutilisation was 14.6 per cent in August 2014, an increase of 1.0 percentage points from May 2014.
More details are in the August 2014 issue of Labour Force, Australia (cat. no. 6202.0), as well as the upcoming August 2014 issues of Labour Force, Australia, Detailed (cat. no. 6291.0.55.001) and Labour Force, Australia, Quarterly (cat. no. 6291.0.55.003) due for release next week on September 18. These publications are available for free download (after release) from the ABS website - www.abs.gov.au.
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