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Trends in Labour Supply

Ellis Connolly, Kathryn Davis and Gareth Spence
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Ellis Connolly: Reserve Bank of Australia
Kathryn Davis: Reserve Bank of Australia
Gareth Spence: Reserve Bank of Australia

RBA Bulletin (Print copy discontinued), 2011, 1-8

Abstract: The labour force has grown strongly since the mid 2000s due to both a rising participation rate and faster population growth. The increase in participation has been greatest for females and older persons, driven by a range of social and economic factors. At the same time, average hours worked have declined as many of these additional workers are working part time. The rise in population growth has mostly reflected higher immigration, with a larger intake of skilled workers and students adding to the labour supply.

Keywords: labour supply; population growth; immigration; migration; skilled migration; participation rate; services employment; household balance sheets; retirement intentions (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (5)

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