Weekend Edition: Getting to know labour market data

Friday 13th September 2024

Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full disclaimer here.

The Labour Market Report is one of the most eagerly awaited monthly releases from the Australian Bureau of Statistics. It’s even more crucial at times like now, when it is so influential on central bank policy. But in many countries gathering this data is proving difficult. People are less prepared to participate, and gathering reliable information is becoming more costly. That’s not been an issue in Australia, according to Bjorn Jarvis, the ABS’s Head of Labour Statistics. He says the Australian population is generally very civic minded. That makes things easier. In this half hour Weekend edition Phil talks to Bjorn about how the data is collected and analysed and what trends have surprised him over recent years.

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