Full-Time Employment Increases for Fourth Straight Month
Full-Time Employment Increases for Fourth Straight Month

Full-Time Employment Increases for Fourth Straight Month

Monthly trend full-time employment increased by 6,500 in Australia in January 2017, according to figures released by the Australian Bureau of Statistics (ABS) today. This was the fourth consecutive month of increasing full-time employment, after eight consecutive decreases earlier in 2016.

Total trend employment increased by 11,700 persons to 11,984,300 persons in January 2017, reflecting an increase in both full-time (6,500) and part-time (5,100) employment. Total employment growth over the year was 0.8 per cent, which was less than half the average growth rate over the past 20 years (1.8%).

“We are still seeing strong growth in part-time employment in January 2017, and in recent months, increasing growth in full-time employment. There are now around 129,800 more people working part-time than there were a year ago, and around 40,100 fewer people working full-time,” said the General Manager of ABS’ Macroeconomic Statistics Division, Bruce Hockman.

Australia’s trend estimate of employment increased by 11,700 persons in January 2017, with:

  • the number of unemployed persons increasing by 2,800;
  • the unemployment rate remaining steady at 5.7 per cent;
  • the participation rate remaining steady at 64.6 per cent; and
  • the employment to population ratio remaining steady at 60.9 per cent.

STATE AND TERRITORY DATA

In January 2017, increases in trend employment were observed in all states and territories, with the exception of New South Wales. The largest increase was in Victoria (up 3,700 persons), while employment decreased in New South Wales by 2,600.

Since January 2016, the largest increases in employment have been in Victoria (up 101,100 persons), followed by South Australia (up 11,300). Over the same period, the largest decreases in employment were in Queensland (down 28,200) and Western Australia (down 8,900). Employment in New South Wales has remained largely unchanged over the past year (up 200).

More details are in the January 2017 issue of Labour Force, Australia (cat. no. 6202.0).

Post source : Australian Bureau of Statistics

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