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RBA Glossary definition for labour market

labour market – A collective term for employment, unemployment, participation rates and wages.

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Box B: Underemployment and Labour Market Spare Capacity

15 Feb 2017 SMP – February 2017
Statement on Monetary Policy – February 2017 Box B: Underemployment and Labour Market Spare Capacity. ... The unemployment rate is the most commonly used measure of spare capacity in the labour market.
https://www.rba.gov.au/publications/smp/2017/feb/box-b-underemployment-and-labour-market-spare-capacity.html

Wages and concentration

20 Nov 2023 RDP 2023-02
Real wages growth has tended to be higher in local labour markets where the HHI has declined, providing some initial evidence that local labour market concentration is associated with lower wages. ... Errors clustered at the local market level. One
https://www.rba.gov.au/publications/rdp/2023/2023-02/wages-and-concentration.html

Factors Affecting an Individual's Future Labour Market Status

15 Dec 2016 Bulletin – December 2016
Michelle van der Merwe
This article examines the ways in which someone's characteristics and circumstances in one year affect their probability of being in a particular labour market state in the next year. People are more likely to be employed next year if they are
https://www.rba.gov.au/publications/bulletin/2016/dec/2.html

Unemployment and the Australian Labour Market

10 Sep 1998 Bulletin – September 1998
The paper by Katz describes the multiple dimensions of the US labour market experience. ... From the standpoint of overall employment outcomes, the US labour market is outstanding.
https://www.rba.gov.au/publications/bulletin/1998/sep/2.html

Unemployment and Spare Capacity in the Labour Market

18 Sep 2014 Bulletin – September 2014
Alexander Ballantyne, Daniel De Voss and David Jacobs
The unemployment rate provides an important gauge of spare capacity in the labour market and the economy more generally. However, other factors also affect unemployment, which complicates its interpretation when informing monetary policy.
https://www.rba.gov.au/publications/bulletin/2014/sep/2.html

Underemployment in the Australian Labour Market

17 Jun 2021 Bulletin – June 2021
Mark Chambers, Blair Chapman and Eleanor Rogerson
Underemployment in Australia has been moving higher for several decades.
https://www.rba.gov.au/publications/bulletin/2021/jun/underemployment-in-the-australian-labour-market.html

Domestic Economic Conditions

5 Aug 2022 SMP – August 2022
The labour market is tight and full-time employment growth has been strong. ... Graph 2.3. The labour market has continued to tighten in recent months amid strong labour demand.
https://www.rba.gov.au/publications/smp/2022/aug/domestic-economic-conditions.html

Alternative Measures of Labour Market Regulation

31 Dec 2007 RDP 2007-04
Christopher Kent and John Simon
RDP 2007-04: Productivity Growth: The Effect of Market Regulations 5. Alternative Measures of Labour Market Regulation. ... flexible’ labour market as one in which employees can be matched with jobs in an efficient manner.
https://www.rba.gov.au/publications/rdp/2007/2007-04/alternative-measures-labour-market.html
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Economic Outlook

5 Aug 2022 SMP – August 2022
required and the labour market adjustment occurring mainly through a reduction in hours worked. ... Wages growth is expected to pick up further as labour market conditions continue to tighten.
https://www.rba.gov.au/publications/smp/2022/aug/economic-outlook.html

Overview

7 May 2024 SMP – May 2024
Overview | Statement on Monetary Policy – May 2024
https://www.rba.gov.au/publications/smp/2024/may/overview.html