Employment Change in Australia

Measures the net monthly change in the number of people employed in Australia, split between full-time and part-time work. It is published by the Australian Bureau of Statistics (ABS).

Sourced from the ABS monthly Labour Force, Australia survey, the same one that yields the unemployment rate; the series is seasonally adjusted and expressed in thousands of people.

It is one of Australia's most closely watched releases and moves the Australian dollar and RBA rate expectations. Strong jobs growth, especially full-time, reads as labour-market strength; if the gain is dominated by part-time work, the print is seen as weaker.

It is a seasonally adjusted and volatile series, with monthly revisions and considerable sampling uncertainty; the full-time versus part-time split can change the message of the same headline figure.