DEEWR Monthly Leading Indicator of Employment - September 2012
Date published :
4
September
2012
RESULTS
DEEWR's Monthly Leading Indicator of Employment (Indicator) has
risen for the second consecutive month in September 2012, after
falling for seven consecutive months previously. It is too early to
confirm that a renewed quickening in the pace of employment growth
above its longterm trend rate of 1.7 per cent per annum is in
prospect, because the Indicator has risen for fewer than six
consecutive months. Cyclical employment, which appeared to have
reached an inflexion point recently, has resumed its downward
trajectory (having now fallen for nineteen consecutive months).
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