DEEWR: Monthly Leading Indicator of Employment - November 2011
Date published :
9
November
2011
RESULTS
DEEWR's Monthly Leading Indicator
of Employment (Indicator) has risen for third consecutive month in
November 2011, following upward data revisions (including the
revision of September's previous fall to a slight rise). However,
it is still too early to confirm that a quickening in employment
growth (to a rate above its revised long-term trend of 1.8 per cent
per annum) is in prospect, because the Indicator has risen for
fewer than six consecutive months. In contrast, cyclical employment
has now fallen for the ninth consecutive month, which confirms that
the annualised growth rate of employment is already below its
downwardly revised long-term trend.
Download and read the results (PDF 358KB)
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