JANUARY KEY FIGURES
 | |
Dec 2011 |
Jan 2012 |
Dec 11 to Jan 12 |
Jan 11 to Jan 12 | ||
|
| |||||||
| Trend | | | | | | | |
| Employed persons (‘000) |
11 446.8 |
11 448.5 |
1.7 | |
0.2 | % |
| Unemployed persons (‘000) |
627.5 |
623.7 |
-3.8 | |
3.3 | % |
| Unemployment rate (%) |
5.2 |
5.2 |
0.0 | pts |
0.1 | pts |
| Participation rate (%) |
65.3 |
65.3 |
-0.1 | pts |
-0.5 | pts |
| Seasonally Adjusted | | | | | | | |
| Employed persons (‘000) |
11 417.5 |
11 463.9 |
46.3 | |
0.3 | % |
| Unemployed persons (‘000) |
629.5 |
614.2 |
-15.3 | |
1.0 | % |
| Unemployment rate (%) |
5.2 |
5.1 |
-0.1 | pts |
0.0 | pts |
| Participation rate (%) |
65.2 |
65.3 |
0.1 | pts |
-0.6 | pts |
|
| |||||||
SEASONALLY ADJUSTED ESTIMATES (MONTHLY CHANGE)
- Employment increased 46,300 (0.4%) to 11,463,900. Full-time employment increased 12,300 persons to 8,063,100 and part-time employment increased 34,000 persons to 3,400,800.
- Unemployment decreased 15,300 (2.4%) to 614,200. The number of persons looking for part-time work decreased 3,000 to 175,200 and the number of persons looking for full-time work decreased 12,300 to 439,000.
- The unemployment rate decreased 0.1 pts to 5.1%. The male unemployment rate decreased 0.1 pts to 4.9% and the female unemployment rate decreased 0.2 pts to 5.3%.
- The participation rate increased 0.1 pts to 65.3%.
- Aggregate monthly hours worked decreased 23.1 million hours to 1,593.9 million hours.
Egg meet face! The RBA is looking good on these numbers. Very strong offset to December’s weakness. That’s why it’s no picnic trading labour data. Much more to come…
