Where To Find Australian Part Time Employment Figures?
Australia's part-time employment figures are reported by the Australian Bureau of Statistics in their monthly-released emplyoment report.
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Just quickly looking at a question here from Ashley asking how do we distinguish between the full time employment and part time employment on the calendar?
For example in today's session we had employment coming in for Australia at 210,000. But full time was a contraction of negative 38,000. So the part time component actually is basically just the difference between the two. So if we had 210,000 jobs created but we actually had a contraction of 40,000 then it means that our part time employment actually came in at 250.
So we basically it's just the difference between these two. So if we add that 40,000 on top of that, cause that was a contraction we should get to about 250,000 part time jobs. But there is something that you can always just validate that with. You can go to the Australian Bureau of Statistics, and if we just look for the employment gauge, there we go, then we should see our full time.
So let me just show you that one more time. So I would total 210 full time negative 40, which means our part time should come in at 250 and it's just scroll down here and see what I think we went past. There we go. So here you can see total coming in at 210, full time coming in with a decrease of 38. And that gives us a part time employment of about 250,000. So it's always just the difference between the two.
So if you wanna know what your full time your part time means you're basically just gonna, it's just the difference between your, your normal headline employment as well as your full time employment.
So I hope that helps Ashley. Any other questions don't hesitate to let us know.
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There’s a link below were you can learn more about it
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We interpret and explain price moves in real-time, 24 hours a day. Our team of analysts produce text, video and audio commentary.
You understand the markets and trade with confidence. Learn more at our website here: https://bit.ly/2HFykNd
-----
Just quickly looking at a question here from Ashley asking how do we distinguish between the full time employment and part time employment on the calendar?
For example in today's session we had employment coming in for Australia at 210,000. But full time was a contraction of negative 38,000. So the part time component actually is basically just the difference between the two. So if we had 210,000 jobs created but we actually had a contraction of 40,000 then it means that our part time employment actually came in at 250.
So we basically it's just the difference between these two. So if we add that 40,000 on top of that, cause that was a contraction we should get to about 250,000 part time jobs. But there is something that you can always just validate that with. You can go to the Australian Bureau of Statistics, and if we just look for the employment gauge, there we go, then we should see our full time.
So let me just show you that one more time. So I would total 210 full time negative 40, which means our part time should come in at 250 and it's just scroll down here and see what I think we went past. There we go. So here you can see total coming in at 210, full time coming in with a decrease of 38. And that gives us a part time employment of about 250,000. So it's always just the difference between the two.
So if you wanna know what your full time your part time means you're basically just gonna, it's just the difference between your, your normal headline employment as well as your full time employment.
So I hope that helps Ashley. Any other questions don't hesitate to let us know.
-----
If you find this content helpful, you’ll love Forex Source.
There’s a link below were you can learn more about it
https://bit.ly/2HFykNd
