Historically, productivity estimates have been compiled using hours worked estimates taken from the Labour Force Survey (LFS). This release sees the implementation of hours worked estimates from the Australian Labour Accounts used in the compilation of productivity.
Presented in this article are revised productivity estimates from 1994-95 to 2018-19 for the market sector and selected industries. The revisions are a result of implementing the Labour Account hours worked estimates, as well as the national accounts historical revisions, into productivity estimates. Estimates of hours worked for the period prior to 1994-95 were backcast using movements from the LFS and hence did not impact productivity estimates.