AUGUST KEY FIGURES

Jul 2014 Aug 2014 Jul 14 to Aug 14 Aug 13 to Aug 14 Trend Employed persons ('000) 11 619.8 11 638.4 18.7 1.5 % Unemployed persons ('000) 756.1 764.1 8.0 10.2 % Unemployment rate (%) 6.1 6.2 0.1 pts 0.5 pts Participation rate (%) 64.9 65.0 0.1 pts 0.1 pts Seasonally Adjusted Employed persons ('000) 11 582.5 11 703.5 121.0 2.2 % Unemployed persons ('000) 788.5 755.1 -33.5 7.9 % Unemployment rate (%) 6.4 6.1 -0.3 pts 0.3 pts Participation rate (%) 64.9 65.2 0.4 pts 0.4 pts

Employed Persons



Unemployment Rate









AUGUST KEY POINTS





TREND ESTIMATES (MONTHLY CHANGE)

Employment increased to 11,638,400.

Unemployment increased to 764,100.

Unemployment rate increased 0.1 pts to 6.2%.

Participation rate increased 0.1 pts to 65.0%.

Aggregate monthly hours worked increased 3.2 million hours (0.2%) to 1,613.6 million hours.



SEASONALLY ADJUSTED ESTIMATES (MONTHLY CHANGE)

Employment increased 121,000 to 11,703,500. Full-time employment increased 14,300 to 8,094,300 and part-time employment increased 106,700 to 3,609,200.

Unemployment decreased 33,500 to 755,100. The number of unemployed persons looking for full-time work decreased 24,600 to 541,000 and the number of unemployed persons only looking for part-time work decreased 8,900 to 214,100.

Unemployment rate decreased 0.3 pts to 6.1%.

Participation rate increased 0.4 pts to 65.2%.

Aggregate monthly hours worked increased 0.1 million hours to 1 ,609.5 million hours.



LABOUR UNDERUTILISATION (QUARTERLY CHANGE)

Trend estimates: The labour force underutilisation rate increased to 14.3%.

Seasonally adjusted estimates: The labour force undertuilisation rate increased 1.0 pts to 14.6%. The male labour force underutilisation rate increased 1.0 pts to 12.7%. The female labour force underutilisation rate increased 1.0 pts to 16.9%.



NOTES



FORTHCOMING ISSUES

ISSUE Release Date September 2014 9 October 2014 October 2014 6 November 2014 November 2014 11 December 2014 December 2014 15 January 2015 January 2015 12 February 2015 February 2015 12 March 2015





CHANGES IN THIS AND UPCOMING ISSUES



For information on changes to Labour Force outputs, refer to 'Changes in this and upcoming Labour Force Issues' on pages 7-8.





ROUNDING



Estimates of change shown on the front cover and used in the commentary have been calculated using unrounded estimates, and may be different from, but are more accurate than, movements obtained from the rounded estimates. The graphs on the front cover also depict unrounded estimates.





SAMPLING ERROR



The estimates in this publication are based on a sample survey. Published estimates and the movements derived from them are subject to sampling variability. Standard errors give a measure of sampling variability (see Standard Errors section). The interval bounded by two standard errors is the 95% confidence interval, which provides a way of looking at the variability inherent in estimates. There is a 95% chance that the true value of the estimate lies within that interval.

For information on changes to Labour Force outputs, refer to 'Changes in this and upcoming Labour Force Issues' on pages 7-8.Estimates of change shown on the front cover and used in the commentary have been calculated using unrounded estimates, and may be different from, but are more accurate than, movements obtained from the rounded estimates. The graphs on the front cover also depict unrounded estimates.The estimates in this publication are based on a sample survey. Published estimates and the movements derived from them are subject to sampling variability. Standard errors give a measure of sampling variability (see Standard Errors section). The interval bounded by two standard errors is the 95% confidence interval, which provides a way of looking at the variability inherent in estimates. There is a 95% chance that the true value of the estimate lies within that interval. MOVEMENTS IN SEASONALLY ADJUSTED SERIES BETWEEN JULY 2014 AND AUGUST 2014 Monthly change 95% Confidence interval Total Employment 121 000 63 400 to 178 600 Total Unemployment -33 500 -71 300 to 4 300 Unemployment rate -0.3 pts -0.7 pts to 0.1 pts Participation rate 0.4 pts 0.0 pts to 0.8 pts





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