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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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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

Statement on Monetary Policy

10 Nov 2004 Bulletin – November 2004
https://www.rba.gov.au/publications/bulletin/2004/nov/1.html

Statement on Monetary Policy

10 Nov 2000 Bulletin – November 2000
the tightness of the labour market. ... With political uncertainty eroding confidence in financial markets, market interest rates increased by much more – around 20 percentage points – to levels higher than during the Asian financial crisis.
https://www.rba.gov.au/publications/bulletin/2000/nov/1.html

Statement on Monetary Policy

10 Aug 2002 Bulletin – August 2002
Production has recovered to be around its peaks in late 2000, and the associated improvement in the labour market in a number of countries has helped support household spending. ... Graph 26. Labour markets have improved across the region in recent months
https://www.rba.gov.au/publications/bulletin/2002/aug/1.html

Statement on Monetary Policy

10 May 2003 Bulletin – May 2003
2.1. (a) Contribution to GDP growth. Source: Thomson Financial Datastream. The weakness in household consumption growth during the March quarter was consistent with some weakening in the labour market. ... Graph 5. The labour market also has remained weak
https://www.rba.gov.au/publications/bulletin/2003/may/1.html

Indicators of Labour Market Conditions in Advanced Economies

21 Jun 2018 Bulletin – June 2018
Alexandra Baker and Meika Ball
Graph 4. The average number of hours worked can also be expected to move with labour market conditions: in tight labour markets, employers may increase hours for those staff seeking additional ... We look at a wide range of alternative labour market
https://www.rba.gov.au/publications/bulletin/2018/jun/indicators-of-labour-market-conditions-in-advanced-economies.html

Financial Markets and the Economy in the March Quarter

10 Apr 1993 Bulletin – April 1993
The growing slack in German labour markets appears to be exerting some downward pressure on wages, which should result in a reduction in underlying inflation in due course. ... The markets were also unsettled by the possibility of continued large budget
https://www.rba.gov.au/publications/bulletin/1993/apr/3.html

Statement on Monetary Policy

10 Nov 2001 Bulletin – November 2001
The extent to which business caution may affect the labour market is unclear. ... Labour market outcomes will be an important factor affecting household consumption spending, through both income and confidence effects.
https://www.rba.gov.au/publications/bulletin/2001/nov/1.html

The Economy and Financial Markets

10 Feb 1998 Bulletin – February 1998
By year's end, the labour market had improved, such that employment and labour force participation were rising, and unemployment was beginning to decline. ... This was against a background of continuing good inflation outcomes, notwithstanding the
https://www.rba.gov.au/publications/bulletin/1998/feb/1.html