«

»

Apr 03 2014

Unemployment Rate for February 2014 is 6.0 per cent


Quicklens Australia Contact Lenses

Australian Unemployment Rate for February 2014

The unemployment rate for February 2014 varied between 3.4% and 8% depending on what State you lived in and what Sex you are.

  • The 3.4% Unemployment rate is for Males or Females in ACT.
  • The 8.0% Unemployment rate is for Males in Tasmania.

Full Time Employment INCREASED by 80,500 to 8,049,900 people in February 2014, while the numbers of Part Time workers reduced by 33,300.

ABS Media release March 2014:

Australia’s seasonally adjusted unemployment rate increased by 0.1 percentage points but the rounded estimate remained at 6.0 per cent in February, as announced by the Australian Bureau of Statistics (ABS) on 13th March 2014

The ABS reported the number of people employed increased by 47,300 to 11,530,800 in February. The increase in employment was due to increased full-time employment, up 80,500 people to 8,049,900, offset by decreased part-time employment, down 33,300 to 3,480,900. The increase in total employment was driven by increases in male and female full-time employment and male part-time employment. 

The number of people unemployed increased by 9,800 people to 742,200 in February, the ABS reported.

The ABS monthly seasonally adjusted aggregate hours worked series decreased in February, down 14.0 million hours to 1,608.9 million hours.

The ABS reported the seasonally adjusted labour force participation rate increased by 0.2 percentage points to 64.8 per cent in February. 

The seasonally adjusted underemployment rate was 7.4 per cent in February 2014. Combined with the unemployment rate of 6.0 per cent, the latest seasonally adjusted estimate of total labour force underutilisation was 13.5 per cent in February, based on unrounded estimates.

Seasonally Adjusted Unemployment Rates per Australian State

February 2014 Highest since 1978 Lowest since 1978
Male Female Male Female Male Female
NSW 5.4% 6.1% 12.4% Feb-1993 11.5% May-1983 3.8% Jun-1981 4.3% Oct-2006
VIC 6.0% 6.9% 13.2% Aug-1993 12.0% Sep-1993 3.6% Feb-2008 4.4% Mar-2008
QLD 6.3% 6.2% 11.5% Sep-1993 11.4% Jan-1988 2.7% Jan-2008 3.5% Aug-2008
SA 6.7% 6.6% 13.1% Aug-1992 11.4% Jun-1983 3.9% Aug-2008 3.8% Mar-2008
WA 5.8% 6.0% 12.4% Jul-1991 11.3% Jan-1992 1.8% Oct-2008 2.9% Sep-2008
Tas 8.0% 6.5% 14.4% Oct-1993 13.2% Jan-1989 2.9% Sep-2008 3.9% May-2007
NT (trend) 3.7% 3.6% 12.1% Dec-1987 11.1% Jun-1984 2.1% Jan-2011 1.7% Nov-2006
ACT (trend) 3.4% 3.4% 8.8% Jan-1997 10.6% Nov-1978 2.5% Oct-2007 2.3% Dec-2008

 

Data Source: Australian Bureau of Statistics: 6202.0 – Labour Force, Australia

 



1 - 84

Win a Luxurious home in Australia with Hometown Prize Draws.

For Books with Free Delivery to Australia, look at: BookDepository UK and USA

Leave a Reply to this Posting, but no links please.