Payroll Jobs Rise 0.3% To Mid-June: Australia
Payroll jobs rose 0.3 per cent in the month to 10 June 2023, following a 1.1 per cent rise in the previous month, according to figures released today by the Australian Bureau of Statistics (ABS).
Bjorn Jarvis, ABS head of labour statistics, said: "We saw a broadly similar pattern in the latest data to that seen last year, with slower growth in payroll jobs between mid-May and mid-June following the recovery from the low around the Easter holiday period."
The end of the financial year usually involves a higher degree of reporting variation, as employers finalise their employees' earnings information and the financial year is reset in payrolls.
"It can be more challenging to interpret short-term changes in the labour market from this data around June and July. As payroll reporting becomes more complete, there tends to be a slightly higher level of revision than usual across this period."
"At this time of the year it's useful to take a longer view of the data, to gauge how the labour market is faring."
"Over the most recent year of data, up to mid-June 2023, payroll jobs grew by 4.7 per cent. This was broadly in step with the annual growth of 4.5 per cent we saw in the year to mid-June 2022," Mr Jarvis said.
Payroll jobs, indexed to the end of March
2022 (AS RELEASED IN JULY 2022) (PTS) | 2022 DATA (LATEST REVISED DATA) (PTS) | 2023 (PTS) | |
---|---|---|---|
END MARCH | 100.0 | 100.0 | 100.0 |
99.9 | 99.8 | 100.3 | |
100.1 | 100.0 | 99.9 | |
MID-APRIL | 99.3 | 99.3 | 99.4 |
98.9 | 99.0 | 99.7 | |
99.3 | 99.6 | 100.0 | |
99.6 | 100.1 | 100.2 | |
MID-MAY | 99.9 | 100.3 | 100.5 |
100.2 | 100.6 | 100.6 | |
100.4 | 100.7 | 100.7 | |
100.1 | 100.7 | 100.7 | |
MID-JUNE | 100.0 | 101.1 | 100.8 |
101.4 | |||
END JUNE | 101.4 |
ANNUAL CHANGE (%) | |
---|---|
WESTERN AUSTRALIA | 5.8 |
NORTHERN TERRITORY | 5.6 |
SOUTH AUSTRALIA | 4.8 |
VICTORIA | 4.8 |
QUEENSLAND | 4.7 |
NEW SOUTH WALES | 4.4 |
TASMANIA | 4.2 |
AUSTRALIAN CAPITAL TERRITORY | 3.8 |
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