Labour Force

  • September 2020

    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.

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  • August 2020

    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.

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  • July 2020

    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.

  • June 2020

    July 16, 2020

    Employment surged a seasonally-adjusted 210.8k in June amid the nationwide relaxation of pandemic containment measures.

    The most recent weekly payrolls report suggests that the improvement stalled in the second half of June. There are also downside risks to labour market outlook associated with the re-imposition of containment measures in Victoria and change to JobKeeper arrangements.

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  • May 2020

    June 18, 2020

    Labour market conditions continued to deteriorate between early April and early May. Employment fell by a seasonally-adjusted 227.7k, while the unemployment rate increased to 7.1% which is the highest level since 2001.

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  • April 2020

    May 14, 2020

    Labour market experienced an unprecedented deterioration in conditions in April.

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