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Changes to December 2014 quarter estimates

Correction

We found an error in our HLFS results for the December 2014 quarter that affected the estimates for people aged 75 years and over.

At the national level, our headline rates were not affected, and there was a minor effect on our key level estimates. However, the error had an effect at the regional level. We have introduced the corrections to these estimates as part of the rebase, so you should consider this when interpreting the changes to the December 2014 quarter.

Effect of the rebase on December 2014 quarter estimates

Due to the population rebase, the working-age population has decreased by 39,000 (1.1 percent) in the December 2014 quarter (in seasonally adjusted terms). Also in the same quarter, 36,000 fewer people are employed and 4,000 fewer people are not in the labour force.

This has resulted in a revised employment rate of 65.4 percent (down from 65.7 percent) and a labour force participation rate of 69.4 percent (down from 69.7 percent).

Although there were changes at the regional level, there was no change to the total number of people unemployed at the national level, and the unemployment rate remained at 5.7 percent for the December 2014 quarter.

The table below summarises the changes to the key HLFS estimates for the December 2014 quarter. Despite changes to the estimate levels, the movements from quarter to quarter are largely unchanged.

Table 1 
Originally published and revised key estimates
Seasonally adjusted
December 2014 quarter

 

Originally published 

Revised 

Change 

 

Number (000) 

Percent 

Employed 

2,375 

2,339 

-1.5 

Unemployed 

143 

143 

0.0 

Total labour force 

2,518 

2,482 

-1.4 

Not in the labour force 

1,096 

1,093 

-0.3 

Working-age population 

3,614 

3,575 

-1.1 

 

Rate (%) 

Percentage points 

Employment rate 

65.7 

65.4 

-0.3 

Unemployment rate 

5.7 

5.7 

0.0 

Labour force participation rate 

69.7 

69.4 

-0.3 

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