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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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In Depth – Potential Output

7 May 2024 SMP – May 2024
In Depth – Potential Output | Statement on Monetary Policy – May 2024
https://www.rba.gov.au/publications/smp/2024/may/in-depth-potential-output.html

Domestic Economic Conditions

7 Aug 2020 SMP – August 2020
Statement on Monetary Policy. Economic activity and the labour market have both picked up since May as activity restrictions eased. ... Graph 3.4. The COVID-19 outbreak has severely affected the labour market. Employment fell by around 870,000 people
https://www.rba.gov.au/publications/smp/2020/aug/domestic-economic-conditions.html

Domestic Economic Conditions

4 Feb 2022 SMP – February 2022
Leading indicators of labour demand suggest that underlying labour market conditions remain strong. ... It also reflects labour market adjustments to the uneven effects of the pandemic on labour demand.
https://www.rba.gov.au/publications/smp/2022/feb/domestic-economic-conditions.html

Box C: Spare Capacity in the Labour Market

4 Nov 2010 SMP – November 2010 PDF 124KB
https://www.rba.gov.au/publications/smp/2010/nov/pdf/box-c.pdf

Economic Outlook

5 Nov 2021 SMP – November 2021
Statement. , reflecting the upgrade to labour market forecasts and the further absorption of spare capacity. ... All of these factors have implications for the pace of improvement in the labour market.
https://www.rba.gov.au/publications/smp/2021/nov/economic-outlook.html

Box B: Lags from Activity to the Labour Market

8 May 2014 SMP – May 2014 PDF 637KB
https://www.rba.gov.au/publications/smp/2014/may/pdf/box-b.pdf

Domestic Economic Conditions

6 May 2021 SMP – May 2021
Statement on Monetary Policy – May 20212. Domestic Economic Conditions. The strong recovery in the Australian economy and the labour market has continued. ... Financial income also declined. By contrast, labour income increased by 1.4 per cent,
https://www.rba.gov.au/publications/smp/2021/may/domestic-economic-conditions.html

Economic Outlook

4 Feb 2021 SMP – February 2021
Labour market outcomes in the December quarter were much stronger than expected at the time of the November. ... Statement. , as absorption of spare capacity occurs at a slightly faster rate given the upgraded labour market outlook.
https://www.rba.gov.au/publications/smp/2021/feb/economic-outlook.html

Economic Outlook

6 Aug 2021 SMP – August 2021
Graph 5.4. Labour market conditions have improved more quickly than expected in recent months. ... The labour market will be negatively affected by the lockdowns in the September quarter.
https://www.rba.gov.au/publications/smp/2021/aug/economic-outlook.html

The International Environment

5 May 2023 SMP – May 2023
The International Environment | Statement on Monetary Policy – May 2023
https://www.rba.gov.au/publications/smp/2023/may/the-international-environment.html