4125.0 - Gender Indicators, Australia, Aug 2015  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 25/08/2015   
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ECONOMIC SECURITY

The Economic Security section contains the following sub-topics:
  • Working population
  • Earnings, income and economic situation
  • Housing


LATEST HIGHLIGHTS


Unemployment rate equal, but underemployment rate much higher for women

Latest data from the ABS Labour Force Survey shows that the unemployment rate for both men and women aged between 20 and 74 years was equal at 5% in 2014-15.

Graph Image for Unemployment Rate, aged 20 to 74 years, 2005-06 to 2014-15

Footnote(s): (a) Data averaged using 12 months in the financial year. (b) Until recently, ABS policy has been to revise benchmarks for labour force data on a five-yearly basis following final rebasing of population estimates to the latest Census of Population and Housing data. However, labour force population benchmarks are now updated more frequently when preliminary population estimates become available, and again when these preliminary estimates are subsequently revised. For this release of Gender Indicators, Australia, labour force estimates dating back to (and including) 2011-12 have been revised in accordance with this new benchmarking process. Future revisions to benchmarks will then take place every time a new year of labour force data becomes available for publishing in the Gender Indicators publication. Re-benchmarking historical data has not resulted in any material change to unemployment rates, participation rates or employment to population ratios. For more information see ABS Labour Force, Australia, Feb 2015 (cat. no. 6202.0).

Source(s): ABS data available on request, Labour Force Survey



Data from the ABS Labour Force survey also showed that there was a four percentage point difference in the underemployment rate between men and women aged 20-74 years in 2014-15. Male underemployment was 6% while female underemployment was 10%. Underemployment has increased for both men and women over the last five years.

Graph Image for Underemployment Rate, aged 20 to 74 years, 2005-06 to 2014-15 (a)(b)

Footnote(s): (a) Data were calculated as an average of four quarters (August, November, February, May) in the financial year. (b) Until recently, ABS policy has been to revise benchmarks for labour force data on a five-yearly basis following final rebasing of population estimates to the latest Census of Population and Housing data. However, labour force population benchmarks are now updated more frequently when preliminary population estimates become available, and again when these preliminary estimates are subsequently revised. For this release of Gender Indicators, Australia, labour force estimates dating back to (and including) 2011-12 have been revised in accordance with this new benchmarking process. Future revisions to benchmarks will then take place every time a new year of labour force data becomes available for publishing in the Gender Indicators publication. Re-benchmarking historical data has not resulted in any material change to unemployment rates, participation rates or employment to population ratios.

Source(s): ABS data available on request, Labour Force Survey.




DATA VISUALISATION

A visual representation of Labour force participation rate data, from the Economic Security domain is shown below. Simply go to the graph and click on the 'Play' button to see changes in the data over time.

Details of the data used to create the graphs, and the original data sources, can be found in the relevant Data Cubes on the Downloads tab.

Graph Image for Labour Force Participation Rate, by Sex and Age