47000 jobs created in feb, page-14

  1. 14,237 Posts.
    lightbulb Created with Sketch. 5
    Notes about these statistics:
    The incoming rotation group for February 2014 had a higher proportion of employed persons and persons in the labour force (i.e. less persons not in the labour force) than the sample it replaced. This incoming rotation group contributed, in original terms, 37% of the increase in total employment and 29% of the decrease in persons not in the labour force in February 2014. The trend estimates provide a better measure of the underlying level and direction of the series especially when there are significant rotation group effects.

    NATIONAL ESTIMATES

    Australia's seasonally adjusted unemployment rate increased by less than 0.1 percentage points in February 2014, but remained at 6.0% when calculated using unrounded estimates. In trend terms the unemployment rate increased by 0.1 percentage points to 6.0% in February 2014. The number of unemployed persons increased by 9,800 to 742,200 in February 2014 (seasonally adjusted), while in trend terms the number of unemployed persons in February 2014 increased by 7,200 to 733,700.

    February 2014 saw the seasonally adjusted participation rate increase by 0.2 percentage points to 64.8%, following a revision to the January 2014 estimate. The trend participation rate remained steady at 64.7% in February 2014.

    Seasonally adjusted full-time employment increased in February 2014, up 80,500 persons to 8,049,900 persons, while part-time employment decreased by 33,300 persons to 3,480,900 persons. The increase in total employment resulted from:

    an increase in male full-time employment, up 33,700 persons
    an increase in female full-time employment, up 46,800 persons
    an increase in male part-time employment, up 17,200 persons
    a decrease in female part-time employment, down 50,500 persons.


    Seasonally adjusted aggregate hours worked decreased by 14.0 million hours (0.9%) in February 2014 to 1,608.9 million hours.


    STATE ESTIMATES

    The largest increases in seasonally adjusted employment were in Queensland (up 30,700 persons) and in New South Wales (up 13,900 persons). The largest decrease in seasonally adjusted employment was in Victoria, down 5,300 persons. Seasonally adjusted estimates are not published for the territories.
    The seasonally adjusted number of employed persons increased by 47,300 in February 2014 to 11,530,800 persons. In trend terms, employment increased by 8,500 persons to 11,502,200 persons in February 2014. The employment to population ratio, which expresses the number of employed persons as a percentage of the civilian population aged 15 years and over, increased by 0.2 percentage points to 60.9% (seasonally adjusted). The trend employment to population ratio remained steady at 60.8%.

    http://abs.gov.au/ausstats/[email protected]/Latestproducts/6202.0Main%20Features2Feb%202014?opendocument&tabname=Summary&prodno=6202.0&issue=Feb%202014&num=&view=
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.