Stylised Facts of the Australian Labour Market
This paper examines some stylised facts of trends in employment and unemployment over the past 30 years. The most noteworthy development has been the rise in the aggregate unemployment rate over that period. The main factor accounting for this rise has been the increase in the unemployment rate for full-time male workers, which in turn has reflected slower employment growth in the industries that employ predominantly male full-time workers. While employment growth for females has been stronger than that for full-time males, it has not been sufficient to offset the rapid rise in the participation rate, resulting in a rise in the female unemployment rate. The paper also compares labour market developments in the 1990s recovery with the 1980s recovery. In line with the trend over the past 20 years, the most noteworthy development is the significantly slower growth in male full-time employment. On the other hand, growth in male part-time employment has been stronger in the 1990s. The similar trend in female unemployment rates in both recoveries reflects different forces: in the 1980s, the female participation rate was rising rapidly but employment growth was also strong, whereas in the 1990s, the participation rate has been relatively flat but employment growth has also been more subdued. Finally, the sectors that were engines of employment growth in the 1980s, particularly the finance and insurance, and retail and wholesale trade sectors, have experienced substantially slower employment growth in the 1990s.
|Date of creation:||Apr 1998|
|Date of revision:|
|Contact details of provider:|| Postal: GPO Box 3947, Sydney NSW 2001|
Web page: http://www.rba.gov.au/
More information through EDIRC
|Order Information:||Web: http://www.rba.gov.au/forms/rdp-order-form/|
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Eli Berman & John Bound & Zvi Griliches, 1994. "Changes in the Demand for Skilled Labor within U. S. Manufacturing: Evidence from the Annual Survey of Manufactures," The Quarterly Journal of Economics, Oxford University Press, vol. 109(2), pages 367-397.
- Katz, L.F. & Murphy, K.M., 1991.
"Changes in Relative Wages, 1963-1987: Supply and Demand Factors,"
Harvard Institute of Economic Research Working Papers
1580, Harvard - Institute of Economic Research.
- Lawrence F. Katz & Kevin M. Murphy, 1992. "Changes in Relative Wages, 1963–1987: Supply and Demand Factors," The Quarterly Journal of Economics, Oxford University Press, vol. 107(1), pages 35-78.
- Lawrence F. Katz & Kevin M. Murphy, 1991. "Changes in Relative Wages, 1963-1987: Supply and Demand Factors," NBER Working Papers 3927, National Bureau of Economic Research, Inc.
- Gregory, R G, 1991. "Jobs and Gender: A Lego Approach to the Australian Labour Market," The Economic Record, The Economic Society of Australia, vol. 0(0), pages 20-40, Supplemen.
- M.W. Butlin, 1977. "A Preliminary Annual Database 1900/01 to 1973/74," RBA Research Discussion Papers rdp7701, Reserve Bank of Australia.
- Paul W. Miller, 1997.
"The Burden of Unemployment on Family Units: An Overview,"
Australian Economic Review,
The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 30(1), pages 16-30.
- P.W. Miller, 1997. "The burden of unemployment on family units: An overview," Economics Discussion / Working Papers 97-01, The University of Western Australia, Department of Economics.
- Eli Berman & John Bound & Zvi Griliches, 1993. "Changes in the Demand for Skilled Labor within U.S. Manufacturing Industries: Evidence from the Annual Survey of Manufacturing," NBER Working Papers 4255, National Bureau of Economic Research, Inc.
When requesting a correction, please mention this item's handle: RePEc:rba:rbardp:rdp9804. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Paula Drew)
If references are entirely missing, you can add them using this form.