January 21, 2021
Seasonally adjusted employment grew by 50.0k nationwide in December 2020, in line with market expectations.
The unemployment rate continued to fall, reaching 6.6%, slightly less than expected by market participants (6.7%).PDF Download PDF
December 17, 2020
The labour market recovery continued in November, as most containment measures were lifted in Victoria.
Employment grew a seasonally adjusted 90.0k, exceeding expectations of 50.0k, to be just 0.6% down through the year.
The unemployment rate declined to 6.8%, still markedly above the level the RBA needs to see to consider monetary policy tightening (below 5.0%).PDF Download PDF
November 19, 2020
Labour market conditions improved in October, reflecting the strong rebound in Victoria and the ongoing recovery in employment elsewhere.
Seasonally adjusted employment rose by 178.8k, to be 1.0% down YoY.
A rise in participation triggered a slight increase in the unemployment rate, to 7.0% from 6.9% previously.PDF Download PDF
October 15, 2020
Employment fell by a seasonally adjusted 29.5k in September, dragged down by a decline in Victoria.
Other states saw a rise in employment in September, yet the pace of job creation has stalled.PDF Download PDF
September 17, 2020
Seasonally adjusted employment rose by 111.0k in August, while market participants were expecting a 50k fall.
The upside surprise came from robust employment growth in all states but Victoria, including a rise in owner-manager employment not captured by weekly payrolls data.PDF Download PDF
August 13, 2020
Employment continued to recover between early June and early July.
The reference period for the July labour force survey largely pre-dates the introduction of the ‘stage 3’ lockdown in Melbourne.Download