Every year, increased variability in Weekly Payroll Jobs and Wages series can be seen across December and January. This is consistent with pronounced and longstanding seasonality in the Australian labour market over this period.
The annual pattern always shows an increase in labour market activity before Christmas, around a seasonal peak, which is then followed by a period when many people take their summer holidays, particularly around public and school holidays, and there is reduced business activity in many industries. The Weekly Payroll Jobs and Wages series, like other ABS labour statistics (such as Labour Force, Australia), therefore show increases towards the end of the calendar year, followed by a sharp seasonal fall.
Estimates in the Weekly Payroll Jobs and Wages in Australia release are presented as an ‘original’ data series and do not yet include seasonally adjusted data. Generally, three to five years of stable data are required before seasonal patterns can be effectively identified and seasonally adjusted series can be produced.
The longstanding seasonality adjusted Labour Force statistics series can aid in the interpretation of these statistics across periods of greater seasonality.