--- title: "21232 – Employment Growth" url: https://australianproperty.network/apn-codex/series-20000/series-21000/series-21200/21230-employment-gdp/21232-employment-growth/ date: 2026-10-04 modified: 2026-10-10 lang: en author: "Nicklas Clark" description: "APN Codex Node 21232 21230 — Employment & GDP family Certified Employment Growth Z-Score+0.2795σPeriodQ2 2026Position68.3 of 124 qtrsVintage2026-Q4 1Node Definition Employment Growth (21232) measures how fast the volume of work..." word_count: 1100 --- # 21232 – Employment Growth - APN Codex Node 21232 21230 — Employment & GDP family Certified ### Employment Growth Z-Score+0.2795σPeriodQ2 2026Position68.3 of 124 qtrsVintage2026-Q4 1Node Definition Employment Growth (21232) measures how fast the volume of work in Australia is growing: the change over the year in the number of filled jobs and in the total hours worked. Higher readings mean faster growth. It belongs to the Employment & GDP family (21230) and is read in its own right; it does not compose into 21230. Jobs and hours are read together because each misses something the other catches: the number of jobs can rise while each worker’s hours fall, and hours can rise with no new jobs. The level of labour market slack is read separately in Labour Market Tightness (21231). Known limitations The 2011–2025 baseline includes the 2020 contraction and the 2021 rebound, which widen its standard deviation (filled jobs 1.99 points against 1.42 outside 2020–21; hours 2.75 against 1.87), so readings sit closer to zero than they would against a baseline without those years. Filled jobs are published from September 1994, so growth over the year begins in September 1995. 2Metric Definition **Primary metric: Node Z-Score (Z21232)** Composite Z-Score Construction Current (Q2 2026)+0.2795σ JtFilled jobs, growth over the year. June quarter 2026: +2.58% (baseline mean 1.93%, σ 1.99; z +0.3244) HtHours worked, growth over the year. June quarter 2026: +2.35% (baseline mean 1.70%, σ 2.75; z +0.2346) **Metric typology:** equal-weighted mean of two standardised growth rates, each against its own 2011–2025 baseline (60 quarters, sample standard deviation). Levels of jobs and hours rise with the size of the economy, so the node reads their growth. 3Data Sources | Input | Source | Frequency | Coverage | | ----- | ------ | --------- | -------- | | Filled jobs, Australia, total all industries, seasonally adjusted | ABS Labour Account Australia (6150.0.55.003), A85389467J | Quarterly | September quarter 1994 to June quarter 2026 | | Hours worked, index, seasonally adjusted | ABS Australian National Accounts (5206.0), Table 1, A2304428W | Quarterly | September quarter 1978 to June quarter 2026 | Tier-1 sovereign statistical releases. No commercial data provider dependency exists within this node. 4Reading History The chart shows the node’s reading in every quarter, each input measured against its 2011–2025 baseline. Employment Growth (21232) · Reading HistoryNode Z-Score by Quarter, March 2011 to June 2026+0.2795σ · position 68.3, ranked against 124 quarters**Reading, ranked quarters**Normal range (middle 80% of ranked quarters)**Current readingThe June quarter 2026 reading, +0.2795σ, ranks 68.3 against 124 quarters and sits inside the normal range of −0.6797σ to +0.6353σ. The highest ranked reading was +2.9905σ in the June quarter 2021, and the lowest −3.7094σ in the June quarter 2020. Before September 1995 filled jobs growth is not available; those readings are drawn dashed and are not ranked. The lowest and highest readings record the pandemic contraction and rebound. Show the data | Quarter | Reading | Basis | | ------- | ------- | ----- | | Q3 1979 | +0.0375σ | Partial coverage | | Q4 1979 | +0.1904σ | Partial coverage | | Q1 1980 | +0.2266σ | Partial coverage | | Q2 1980 | +0.1406σ | Partial coverage | | Q3 1980 | +0.2577σ | Partial coverage | | Q4 1980 | +0.1397σ | Partial coverage | | Q1 1981 | +0.0255σ | Partial coverage | | Q2 1981 | −0.0896σ | Partial coverage | | Q3 1981 | −0.0159σ | Partial coverage | | Q4 1981 | −0.2360σ | Partial coverage | | Q1 1982 | −0.1630σ | Partial coverage | | Q2 1982 | −0.4896σ | Partial coverage | | Q3 1982 | −0.7055σ | Partial coverage | | Q4 1982 | −0.7450σ | Partial coverage | | Q1 1983 | −1.1414σ | Partial coverage | | Q2 1983 | −1.0751σ | Partial coverage | | Q3 1983 | −0.7143σ | Partial coverage | | Q4 1983 | −0.2345σ | Partial coverage | | Q1 1984 | +0.2980σ | Partial coverage | | Q2 1984 | +0.6814σ | Partial coverage | | Q3 1984 | +0.5204σ | Partial coverage | | Q4 1984 | +0.2473σ | Partial coverage | | Q1 1985 | +0.1682σ | Partial coverage | | Q2 1985 | +0.0162σ | Partial coverage | | Q3 1985 | +0.1958σ | Partial coverage | | Q4 1985 | +0.4106σ | Partial coverage | | Q1 1986 | +0.6210σ | Partial coverage | | Q2 1986 | +0.5782σ | Partial coverage | | Q3 1986 | +0.4277σ | Partial coverage | | Q4 1986 | +0.2794σ | Partial coverage | | Q1 1987 | −0.0708σ | Partial coverage | | Q2 1987 | +0.0632σ | Partial coverage | | Q3 1987 | +0.1293σ | Partial coverage | | Q4 1987 | +0.1939σ | Partial coverage | | Q1 1988 | +0.4299σ | Partial coverage | | Q2 1988 | +0.2215σ | Partial coverage | | Q3 1988 | +0.2506σ | Partial coverage | | Q4 1988 | +0.5066σ | Partial coverage | | Q1 1989 | +0.5947σ | Partial coverage | | Q2 1989 | +0.6575σ | Partial coverage | | Q3 1989 | +0.7129σ | Partial coverage | | Q4 1989 | +0.4403σ | Partial coverage | | Q1 1990 | +0.0600σ | Partial coverage | | Q2 1990 | +0.1499σ | Partial coverage | | Q3 1990 | −0.1276σ | Partial coverage | | Q4 1990 | −0.6088σ | Partial coverage | | Q1 1991 | −0.7308σ | Partial coverage | | Q2 1991 | −1.0548σ | Partial coverage | | Q3 1991 | −1.0273σ | Partial coverage | | Q4 1991 | −0.7053σ | Partial coverage | | Q1 1992 | −0.5557σ | Partial coverage | | Q2 1992 | −0.4334σ | Partial coverage | | Q3 1992 | −0.3401σ | Partial coverage | | Q4 1992 | −0.4024σ | Partial coverage | | Q1 1993 | −0.1526σ | Partial coverage | | Q2 1993 | −0.1523σ | Partial coverage | | Q3 1993 | −0.1841σ | Partial coverage | | Q4 1993 | +0.1610σ | Partial coverage | | Q1 1994 | +0.0941σ | Partial coverage | | Q2 1994 | +0.3433σ | Partial coverage | | Q3 1994 | +0.5592σ | Partial coverage | | Q4 1994 | +0.2713σ | Partial coverage | | Q1 1995 | +0.3584σ | Partial coverage | | Q2 1995 | +0.4706σ | Partial coverage | | Q3 1995 | +0.6558σ | Ranked | | Q4 1995 | +0.6136σ | Ranked | | Q1 1996 | +0.2510σ | Ranked | | Q2 1996 | −0.3530σ | Ranked | | Q3 1996 | −0.5780σ | Ranked | | Q4 1996 | −0.6921σ | Ranked | | Q1 1997 | −0.6647σ | Ranked | | Q2 1997 | −0.6861σ | Ranked | | Q3 1997 | −0.5443σ | Ranked | | Q4 1997 | −0.2267σ | Ranked | | Q1 1998 | −0.3007σ | Ranked | | Q2 1998 | +0.0804σ | Ranked | | Q3 1998 | −0.0208σ | Ranked | | Q4 1998 | −0.2654σ | Ranked | | Q1 1999 | −0.0060σ | Ranked | | Q2 1999 | −0.2106σ | Ranked | | Q3 1999 | +0.0497σ | Ranked | | Q4 1999 | +0.5204σ | Ranked | | Q1 2000 | +0.3558σ | Ranked | | Q2 2000 | +0.5835σ | Ranked | | Q3 2000 | +0.6436σ | Ranked | | Q4 2000 | −0.2931σ | Ranked | | Q1 2001 | −0.4517σ | Ranked | | Q2 2001 | −0.4215σ | Ranked | | Q3 2001 | −0.9035σ | Ranked | | Q4 2001 | −0.3596σ | Ranked | | Q1 2002 | −0.1502σ | Ranked | | Q2 2002 | −0.3644σ | Ranked | | Q3 2002 | +0.0734σ | Ranked | | Q4 2002 | +0.3677σ | Ranked | | Q1 2003 | +0.3270σ | Ranked | | Q2 2003 | +0.1464σ | Ranked | | Q3 2003 | +0.0105σ | Ranked | | Q4 2003 | −0.1742σ | Ranked | | Q1 2004 | −0.1336σ | Ranked | | Q2 2004 | +0.0802σ | Ranked | | Q3 2004 | +0.0761σ | Ranked | | Q4 2004 | +0.2577σ | Ranked | | Q1 2005 | +0.6829σ | Ranked | | Q2 2005 | +0.8097σ | Ranked | | Q3 2005 | +0.6520σ | Ranked | | Q4 2005 | +0.1826σ | Ranked | | Q1 2006 | −0.1855σ | Ranked | | Q2 2006 | −0.0774σ | Ranked | | Q3 2006 | +0.3431σ | Ranked | | Q4 2006 | +0.5571σ | Ranked | | Q1 2007 | +0.5430σ | Ranked | | Q2 2007 | +0.5086σ | Ranked | | Q3 2007 | +0.3441σ | Ranked | | Q4 2007 | +0.5585σ | Ranked | | Q1 2008 | +0.6159σ | Ranked | | Q2 2008 | +0.5110σ | Ranked | | Q3 2008 | +0.4327σ | Ranked | | Q4 2008 | −0.0875σ | Ranked | | Q1 2009 | −0.4160σ | Ranked | | Q2 2009 | −0.9583σ | Ranked | | Q3 2009 | −1.1330σ | Ranked | | Q4 2009 | −0.6211σ | Ranked | | Q1 2010 | −0.4196σ | Ranked | | Q2 2010 | +0.1641σ | Ranked | | Q3 2010 | +0.4099σ | Ranked | | Q4 2010 | +0.2917σ | Ranked | | Q1 2011 | +0.3563σ | Ranked | | Q2 2011 | −0.0475σ | Ranked | | Q3 2011 | −0.1158σ | Ranked | | Q4 2011 | −0.4326σ | Ranked | | Q1 2012 | −0.3813σ | Ranked | | Q2 2012 | −0.3130σ | Ranked | | Q3 2012 | −0.4011σ | Ranked | | Q4 2012 | −0.2786σ | Ranked | | Q1 2013 | −0.5053σ | Ranked | | Q2 2013 | −0.3172σ | Ranked | | Q3 2013 | −0.2987σ | Ranked | | Q4 2013 | −0.7419σ | Ranked | | Q1 2014 | −0.5798σ | Ranked | | Q2 2014 | −0.6932σ | Ranked | | Q3 2014 | −0.8174σ | Ranked | | Q4 2014 | −0.2805σ | Ranked | | Q1 2015 | −0.0460σ | Ranked | | Q2 2015 | −0.0043σ | Ranked | | Q3 2015 | +0.1720σ | Ranked | | Q4 2015 | +0.3768σ | Ranked | | Q1 2016 | −0.0288σ | Ranked | | Q2 2016 | −0.1431σ | Ranked | | Q3 2016 | −0.2485σ | Ranked | | Q4 2016 | −0.4573σ | Ranked | | Q1 2017 | −0.2556σ | Ranked | | Q2 2017 | +0.1661σ | Ranked | | Q3 2017 | +0.5302σ | Ranked | | Q4 2017 | +0.4419σ | Ranked | | Q1 2018 | +0.4327σ | Ranked | | Q2 2018 | +0.3727σ | Ranked | | Q3 2018 | +0.1841σ | Ranked | | Q4 2018 | +0.2549σ | Ranked | | Q1 2019 | +0.3640σ | Ranked | | Q2 2019 | +0.0638σ | Ranked | | Q3 2019 | +0.1405σ | Ranked | | Q4 2019 | −0.0881σ | Ranked | | Q1 2020 | −0.6890σ | Ranked | | Q2 2020 | −3.7094σ | Ranked | | Q3 2020 | −2.5961σ | Ranked | | Q4 2020 | −1.5411σ | Ranked | | Q1 2021 | −0.8336σ | Ranked | | Q2 2021 | +2.9905σ | Ranked | | Q3 2021 | +0.3260σ | Ranked | | Q4 2021 | +0.6670σ | Ranked | | Q1 2022 | +0.5141σ | Ranked | | Q2 2022 | +1.0194σ | Ranked | | Q3 2022 | +2.6301σ | Ranked | | Q4 2022 | +1.7586σ | Ranked | | Q1 2023 | +1.9630σ | Ranked | | Q2 2023 | +1.2663σ | Ranked | | Q3 2023 | +0.8110σ | Ranked | | Q4 2023 | +0.1125σ | Ranked | | Q1 2024 | −0.1873σ | Ranked | | Q2 2024 | −0.3875σ | Ranked | | Q3 2024 | +0.0258σ | Ranked | | Q4 2024 | +0.2318σ | Ranked | | Q1 2025 | +0.0569σ | Ranked | | Q2 2025 | −0.1314σ | Ranked | | Q3 2025 | −0.3991σ | Ranked | | Q4 2025 | −0.2790σ | Ranked | | Q1 2026 | +0.1239σ | Ranked | | Q2 2026 | +0.2795σ | Ranked | Z-Score+0.2795σQ2 2026Position68.3ranked against 124 quartersFilled jobs growth+2.58%over the yearHours worked growth+2.35%over the yearFilled jobs, z+0.3244μ 1.93%, σ 1.99Hours worked, z+0.2346μ 1.70%, σ 2.75 5Analytical Interpretation At +0.2795σ (Q2 2026), the volume of work is growing a little faster than its 2011–2025 average: filled jobs rose 2.58% over the year and hours worked 2.35%. **Position.** 68.3, ranked against 124 quarters since September 1995. The reading is the highest since September 2023 and the second quarter of acceleration, after +0.1239σ in March 2026 and readings below zero through the second half of 2025. The highest reading on record, +2.9905σ in June 2021, and the lowest, −3.7094σ in June 2020, both record the pandemic. 6The Employment & GDP Family The other nodes of the Employment & GDP family. Only Labour Market Tightness (21231) and Growth per Person (21235) compose into Employment & GDP (21230); the others are read in their own right. [21231 →Labour Market TightnessEmployed share of the labour force and job vacancy rate. Q2 2026: +0.5983σ, 83.6 of 123 quarters. Composes into 21230.](https://australianproperty.network/apn-codex/series-20000/series-21000/series-21200/21230-employment-gdp/21231-labour-market-tightness/)[21233 →Real Wage GrowthWage Price Index growth less CPI growth. Q2 2026: −0.5704σ, 13.5 of 112 quarters.](https://australianproperty.network/apn-codex/series-20000/series-21000/series-21200/21230-employment-gdp/21233-real-wage-growth/)[21234 →State Labour ConditionsEmployed share and job vacancy rate for each state and territory, against its own history. Q2 2026: −0.1378σ (ACT) to +0.9007σ (Queensland), 60 quarters each.](https://australianproperty.network/apn-codex/series-20000/series-21000/series-21200/21230-employment-gdp/21234-state-labour-conditions/)[21235 →Growth per PersonGDP per capita, growth over the year. Q2 2026: −0.1030σ, 31.4 of 208 quarters. Composes into 21230.](https://australianproperty.network/apn-codex/series-20000/series-21000/series-21200/21230-employment-gdp/21235-growth-per-person/)[21236 →Labour ProductivityGDP per hour worked, growth over the year. Q2 2026: −0.5493σ, 18.2 of 188 quarters.](https://australianproperty.network/apn-codex/series-20000/series-21000/series-21200/21230-employment-gdp/21236-labour-productivity/)[21237 →Multifactor ProductivityMarket-sector multifactor productivity, annual growth. 2024-25: −1.1551σ, 13.8 of 30 years.](https://australianproperty.network/apn-codex/series-20000/series-21000/series-21200/21230-employment-gdp/21237-multifactor-productivity/)[21238 →Business Investment GrowthPrivate non-dwelling construction and machinery and equipment investment, growth over the year. Q2 2026: +0.9727σ, 73.8 of 264 quarters.](https://australianproperty.network/apn-codex/series-20000/series-21000/series-21200/21230-employment-gdp/21238-business-investment-growth/)[21239 →Construction ProductivityConstruction industry multifactor productivity, annual growth. 2024-25: −0.5400σ, 14.7 of 35 years.](https://australianproperty.network/apn-codex/series-20000/series-21000/series-21200/21230-employment-gdp/21239-construction-productivity/)[Family hub →21230 — Employment & GDP](https://australianproperty.network/apn-codex/series-20000/series-21000/series-21200/21230-employment-gdp/) 7Certification Statement APN Codex Node 21232 — Employment Growth — Certified Both inputs are sourced from Tier-1 sovereign statistical releases (ABS)- The Z-score of +0.2795σ (Q2 2026) is derived directly from the certified inputs against their 2011–2025 baselines, not manually entered or estimated- The position is an empirical percentile rank against 124 quarters in which both inputs are present- The effect of the 2020–21 quarters on the baseline standard deviation is disclosed- No commercial data provider dependency exists within this node **Certified:** 4 October 2026 **Source tier:** Tier-1 sovereign statistical agency (ABS) ##### Node Parameters Node21232 Family21230 StatusCertified Z-Score+0.2795σ Position68.3 of 124 qtrs PeriodQ2 2026 Vintage2026-Q4 Inputs2, equal weight Baseline2011–2025