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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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The Model

1 Nov 1990 RDP 9006
Jerome Fahrer
is the nominal wage that clears the market for workers in cohort 1. ... Distortions in either domestic or foreign labour markets will cause β = 1.
https://www.rba.gov.au/publications/rdp/1990/9006/model.html
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Industrial Relations Reform and Labour Market Outcomes: A Comparison of Australia, New Zealand and the United Kingdom

7 Dec 2006 Conferences PDF 93KB
RBA Conference Volume 1998
https://www.rba.gov.au/publications/confs/1998/pdf/wooden-sloan.pdf

Table 5 in What Works Among Active Labour Market Policies: Evidence from OECD Countries' Experiences | Conference – 1998

9 Jun 1998 Conferences
RBA Annual Conference – 1998 What Works Among Active Labour Market Policies: Evidence from OECD Countries' Experiences.
https://www.rba.gov.au/publications/confs/1998/jackman-table-1.html

Other Data Sources

9 Mar 2023 Statistics
This page provides links to widely referenced economic and financial data from other sources
https://www.rba.gov.au/statistics/other-data-sources.html

The Australian Labour Market Disaggregated by Skill

31 Dec 1999 RDP 1999-12
James Vickery
RDP 1999-12: Unemployment and Skills in Australia 3. The Australian Labour Market Disaggregated by Skill. ... We might also expect a greater degree of substitutability between similar labour market groups (e.g.
https://www.rba.gov.au/publications/rdp/1999/1999-12/australian-labour-market-disaggregated-by-skill.html
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Did Labour Market Concentration Lower Wages Growth Pre-COVID?

28 Feb 2023 RDP PDF 1812KB
JEL Classification Numbers: C23, C55, D22, D43, E24, J30 Keywords: wages, market power, labour markets, concentration. ... Errors clustered at the local market level. One potential explanation could be softer labour markets.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-02.pdf

Discussion on Reflections on US Labour Market Performance | Conference – 1998

9 Jun 1998 Conferences
is touched on when Katz says that the labour market structures combined with liberal product markets ‘may add up to more than their individual parts’ in creating strong employment growth. ... We have had considerable liberalisation of product markets
https://www.rba.gov.au/publications/confs/1998/stevens-disc.html

Can Workers Predict Actual Labour Market Outcomes?

1 Aug 2021 RDP 2021-08
Gabrielle Penrose and Gianni La Cava
https://www.rba.gov.au/publications/rdp/2021/2021-08/can-workers-predict-actual-labour-market-outcomes.html
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An Estimated Small Open Economy Model with Labour Market Frictions

13 Dec 2012 Research Workshop PDF 787KB
Reserve Bank of Australia Workshop 2012
https://www.rba.gov.au/publications/workshops/research/2012/pdf/jeff-sheen.pdf

Wage Growth Puzzles and Technology

1 Sep 2018 RDP 2018-10
Geoff Weir
This uncertainty or ‘fear of the unknown’ may itself be having an important impact on labour market behaviour. ... Declining union membership and labour market deregulation are common features across many western economies over recent decades.
https://www.rba.gov.au/publications/rdp/2018/2018-10/full.html
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