6202.0 - Labour Force, Australia, Preliminary, Jan 2002
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 14/02/2002
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Tasmanian unemployment rate continues steady decline
Figures released today by the Australian Bureau of Statistics show that the trend estimate of the unemployment rate for Tasmania has declined for the fourth successive month to 8.7% at January 2002. The rate has increased from 8.6% in January 2001 and compares to the January 2002 national figure of 6.8%.
Note: The analysis above emphasises trend estimates. Trend estimates are the preferred guide to gaining an understanding of what the monthly labour force statistics are saying about the underlying behaviour of the labour market.
Labour force definitions
TREND SERIES: Figures given in this Media Release are monthly trend estimates.
Trend estimates 'smooth out' erratic movements in the data. The trend series reflects the general drift or underlying path of the data. The monthly series that are 'smoothed', or averaged out, are seasonally adjusted series.
Seasonally adjusted series remove known seasonal and calendar-related influences. Examples are the effects of Easter and Christmas on employment and retail sales. However, these seasonally adjusted series can still show erratic movements, due to irregular influences such as strikes. These erratic movements may be 'smoothed' by averaging figures over a period of months; the resultant series is known as a trend series.
EMPLOYMENT: Persons aged 15 and over are considered employed if, during the week of the Labour Force Survey, they worked for one hour or more for pay, profit, commission or payment in kind in a job, business, or on a farm.
UNEMPLOYMENT: Unemployed persons are persons aged 15 and over who were not employed during the week of the Labour Force Survey, and:
(a) had actively looked for full-time or part-time work at any time in the four weeks up to the end of the reference week and were either:
(b) were waiting to be called back to a full-time or part-time job from which they had been stood down without pay for less than four weeks up to the end of the reference week (including the whole of the reference week for reasons other than bad weather or plant breakdown).
LABOUR FORCE: The labour force is defined as the total number of employed plus the total number of unemployed.
PERSONS NOT IN THE LABOUR FORCE: Many people are neither employed or unemployed, according to ABS categories. Examples of people in this category are retirees, those who choose not to work, and those who are unable to work. These groups form an important part of the labour force framework and contain people who are known collectively as persons not in the labour force.
PARTICIPATION RATE: The participation rate is the proportion of the population aged 15 and over that are in the labour force. For example, the participation rate for females is derived by adding the number of females employed to the number of females unemployed and dividing this number (the female labour force) by the total number of females in the population aged 15 and over and expressing this as a percentage.
(For more detail, see Explanatory Notes in cat. no. 6202.0, or phone the ABS on 03 6222 5783.)
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