Labour Force
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August 2022
September 15, 2022 Employment rose a seasonally adjusted 33.5k in August, pretty much in line with the 35.0k envisaged by the market consensus. The unemployment rate rose 0.1ppts to the still low 3.5%, as the participation rate rose to 66.6%.
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July 2022
August 18, 2022 Employment fell a seasonally adjusted 40.9k in July, against market expectations of a 26.5k increase. The unemployment rate dipped 0.1ppts to 3.4%, the lowest level since Q3 1974 when the labour force survey was quarterly. This came amid a 0.3ppts fall in the participation rate, to a still high 66.4%.
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June 2022
July 14, 2022 Employment increased a seasonally adjusted 88.4k in June, significantly exceeding market expectations for a 30.0k gain and reaching a new record high.
The unemployment rate dropped 0.4ppts to 3.5% (market expectations: 3.8%). This is the lowest level since Q3 1974, when the series were quarterly.
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May 2022
June 16, 2022 Employment rose a seasonally adjusted 60.6k in May, exceeding market expectations for a 25.0k gain and reaching a new record high.
The unemployment rate remained at a 48-year low of 3.9% (market expectations: 3.8%).
Western Australian employment rose by 5.6% up through the year (the most of all the states), while the unemployment rate was by far the lowest of all states (3.1%).
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April 2022
May 19, 2022 Employment rose a seasonally adjusted 4.0k in April, missing the market expectations for a 30.0k gain. The unemployment rate stood at 3.9% in April, or more precisely at 3.85%, a record low for the monthly survey, which goes back to 1978. In Western Australia, the unemployment rate dropped 0.5ppts to just 2.9%, while employment was still up 5.1% through the year.
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March 2022
April 14, 2022 Employment rose a seasonally adjusted 17.9k in March, while hours worked declined by 0.6% amid floods over east and the ongoing Omicron spread.
The unemployment rate stood at 4.0% in March, or (more precisely) at a record low for the monthly survey of 3.95%.
Western Australia was one of the three states to record a rise in employment in March and its unemployment rate of 3.4% was the lowest of all states.
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