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Overview of the Public Employment Statistics Form

Overview of the Public Employment Statistics Form

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I'm viewing Jarvis from the Australian Bureau of Statistics people sometimes ask me how can the unemployment rate go up if the number of employed people is also going up the answer to this is actually quite simple but it's important to remember that there are three groups of people in the labour market be employed the unemployed who together make up what we refer to as the labour force and a third group who are outside of the labor force which includes people like retirees people who are caring full-time or people who are in study on a full-time basis at times the employed and the unemployed will both be increasing which is why the participation rate is an important measure to also have a look at if people from outside the labour force start participating unemployment can also increase alongside employment and this may mean that people are becoming more confident in the labour market and that they're now starting to actively look for work

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