ABS Update: changes in the labour force in December 2018

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At an increase of 2.3% (up 284 100 persons), 2018’s trend employment rate was above the average annual growth rate over the past 20 years (2.0%), but considerably lower than 2017 where more than 390 000 new jobs were created (3.3% growth).

In recent months, the ABS has found dynamic changes with about 300 000 entering and leaving employment each month.

By location, the highest employment growth rates in 2018 were in Victoria and New South Wales at 3.5% and 2.9% respectively. Tasmania was the only Australian state to have observed a decrease in employment (down by 300 persons). Both territories also saw falls in employment in 2018.

From trend estimates, a compositional shift observed the part-time share of employment increase 0.1% to 31.6% in 2018. From seasonally adjusted estimates, full-time employment decreased 3000 and part-time employment increased by 24 600.

In all jobs, monthly hours increased 1.1 million hours to 1759.9 million hours.

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