Welcome Guest [Log In] [Register]


Reply
ABS 6202.0 - Labour Force, Australia, August 2015 - Jobless rate falls to 6.2%
Topic Started: 10 Sep 2015, 04:43 PM (881 Views)
Admin
Member Avatar
Administrator

ABS Data: http://www.abs.gov.au/ausstats/abs@.nsf/mf/6202.0

Employed Persons
Posted Image

Unemployment Rate
Posted Image

Quote:
 
AUGUST KEY POINTS

TREND ESTIMATES (MONTHLY CHANGE)

Employment increased to 11,765,400.
Unemployment increased to 778,400.
Unemployment rate remained steady at 6.2% from a revised July 2015 estimate.
Participation rate increased 0.1 pts to 65.0%.
Monthly hours worked in all jobs increased 0.7 million hours to 1,625.6 million hours.

SEASONALLY ADJUSTED ESTIMATES (MONTHLY CHANGE)

Employment increased 17,400 to 11,775,800. Full-time employment increased 11,500 to 8,141,000 and part-time employment increased 5,900 to 3,634,800.
Unemployment decreased 14,400 to 781,100. The number of unemployed persons looking for full-time work decreased 3,500 to 561,400 and the number of unemployed persons only looking for part-time work decreased 11,000 to 219,700.
Unemployment rate decreased 0.1 pts to 6.2%.
Participation rate decreased 0.1 pts to 65.0%.
Monthly hours worked in all jobs decreased 0.6 million hours to 1,623.8 million hours.

LABOUR UNDERUTILISATION (QUARTERLY CHANGE)

Trend estimates : The labour force underutilisation rate decreased to 14.3%.
Seasonally adjusted estimates: The labour force underutilisation rate remained steady at 14.3%. The male labour force underutilisation rate increased less than 0.1 pts to 12.4%. The female labour force underutilisation rate decreased 0.1 pts to 16.6%.
Follow OzPropertyForum on Twitter | Like APF on Facebook | Circle APF on Google+
Profile "REPLY WITH QUOTE" Go to top
 
Trollie
Member Avatar


But but... the bears tell me we are in recession?!?!

confused face!!! :?:
Profile "REPLY WITH QUOTE" Go to top
 
skamy
Member Avatar


WA holding up very well despite all the doom and gloomers wild claims over the past six months.

Comparing WA to other states, only NSW has lower unemployment.

Definition of a doom and gloomer from 1993
The last camp is made up of the doom-and-gloomers. Their slogan is "it's the end of the world as we know it". Right now they are convinced that debt is the evil responsible for all our economic woes and must be eliminated at all cost. Many doom-and-gloomers believe that unprecedented debt levels mean that we are on the precipice of a worse crisis than the Great Depression. The doom-and-gloomers hang on the latest series of negative economic data.
Profile "REPLY WITH QUOTE" Go to top
 
Admin
Member Avatar
Administrator

ABS data shows people are finding jobs, but can't find the hours

Behind the spin, the jobs market is picking up
Follow OzPropertyForum on Twitter | Like APF on Facebook | Circle APF on Google+
Profile "REPLY WITH QUOTE" Go to top
 
1 user reading this topic (1 Guest and 0 Anonymous)
ZetaBoards - Free Forum Hosting
Free Forums with no limits on posts or members.
« Previous Topic · Australian Property Forum · Next Topic »
Reply



Australian Property Forum is an economics and finance forum dedicated to discussion of Australian and global real estate markets and macroeconomics, including house prices, housing affordability, and the likelihood of a property crash. Is there an Australian housing bubble? Will house prices crash, boom or stagnate? Is the Australian property market a pyramid scheme or Ponzi scheme? Can house prices really rise forever? These are the questions we address on Australian Property Forum, the premier real estate site for property bears, bulls, investors, and speculators. Members may also discuss matters related to finance, modern monetary theory (MMT), debt deflation, cryptocurrencies like Bitcoin Ethereum and Ripple, property investing, landlords, tenants, debt consolidation, reverse home equity loans, the housing shortage, negative gearing, capital gains tax, land tax and macro prudential regulation.

Forum Rules: The main forum may be used to discuss property, politics, economics and finance, precious metals, crypto currency, debt management, generational divides, climate change, sustainability, alternative energy, environmental topics, human rights or social justice issues, and other topics on a case by case basis. Topics unsuitable for the main forum may be discussed in the lounge. You agree you won't use this forum to post material that is illegal, private, defamatory, pornographic, excessively abusive or profane, threatening, or invasive of another forum member's privacy. Don't post NSFW content. Racist or ethnic slurs and homophobic comments aren't tolerated. Accusing forum members of serious crimes is not permitted. Accusations, attacks, abuse or threats, litigious or otherwise, directed against the forum or forum administrators aren't tolerated and will result in immediate suspension of your account for a number of days depending on the severity of the attack. No spamming or advertising in the main forum. Spamming includes repeating the same message over and over again within a short period of time. Don't post ALL CAPS thread titles. The Advertising and Promotion Subforum may be used to promote your Australian property related business or service. Active members of the forum who contribute regularly to main forum discussions may also include a link to their product or service in their signature block. Members are limited to one actively posting account each. A secondary account may be used solely for the purpose of maintaining a blog as long as that account no longer posts in threads. Any member who believes another member has violated these rules may report the offending post using the report button.

Australian Property Forum complies with ASIC Regulatory Guide 162 regarding Internet Discussion Sites. Australian Property Forum is not a provider of financial advice. Australian Property Forum does not in any way endorse the views and opinions of its members, nor does it vouch for for the accuracy or authenticity of their posts. It is not permitted for any Australian Property Forum member to post in the role of a licensed financial advisor or to post as the representative of a financial advisor. It is not permitted for Australian Property Forum members to ask for or offer specific buy, sell or hold recommendations on particular stocks, as a response to a request of this nature may be considered the provision of financial advice.

Views expressed on this forum are not representative of the forum owners. The forum owners are not liable or responsible for comments posted. Information posted does not constitute financial or legal advice. The forum owners accept no liability for information posted, nor for consequences of actions taken on the basis of that information. By visiting or using this forum, members and guests agree to be bound by the Zetaboards Terms of Use.

This site may contain copyright material (i.e. attributed snippets from online news reports), the use of which has not always been specifically authorized by the copyright owner. Such content is posted to advance understanding of environmental, political, human rights, economic, democratic, scientific, and social justice issues. This constitutes 'fair use' of such copyright material as provided for in section 107 of US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed for research and educational purposes only. If you wish to use this material for purposes that go beyond 'fair use', you must obtain permission from the copyright owner. Such material is credited to the true owner or licensee. We will remove from the forum any such material upon the request of the owners of the copyright of said material, as we claim no credit for such material.

For more information go to Limitations on Exclusive Rights: Fair Use

Privacy Policy: Australian Property Forum uses third party advertising companies to serve ads when you visit our site. These third party advertising companies may collect and use information about your visits to Australian Property Forum as well as other web sites in order to provide advertisements about goods and services of interest to you. If you would like more information about this practice and to know your choices about not having this information used by these companies, click here: Google Advertising Privacy FAQ

Australian Property Forum is hosted by Zetaboards. Please refer also to the Zetaboards Privacy Policy