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Lead Employment Indicator

This report presents the latest results from the Department of Labour’s Lead Employment Indicator. The indicator is designed to give an advanced signal of when employment (as measured by the Household Labour Force Survey (HLFS)) is likely to reach a peak or trough. 

The key advantage of the Lead Employment Indicator is that it combines five different indicators to produce one overall message about future changes in the employment cycle.  The Lead Employment Indicator tends to be more reliable than any of its components used individually, with much of the variability in the individual components smoothed out in the Lead Employment Indicator.

Current

Previous quarters

Background and Methodology

Frequently Asked Questions and Answers

Future updates

This is a regular report - the next update is due shortly after the December 2011 quarter release of the Household Labour Force Survey.