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Labor Stats: compare key data on Australia & Palau

Definitions

  • GNI > Current LCU: GNI (current LCU). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.
  • GNI > Current US$: GNI (current US$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars.
  • GNI > Current US$ per capita: GNI (current US$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Hours worked > Standard workweek: Standard workweek (hours).
  • Labor force: The total labor force figure
  • Labor force > By occupation: Component parts of the labor force by occupation.
  • Labor force > By occupation > Agriculture: This entry lists the percentage distribution of the labor force by occupation. The distribution will total less than 100 percent if the data are incomplete.
  • Labor force > Per capita: The total labor force figure Per capita figures expressed per 1,000 population.
  • Labor force per 1000: The total labor force figure. Figures expressed per thousand population for the same year.
  • Net income from abroad > Current US$: Net income from abroad (current US$). Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current U.S. dollars.
  • Rigidity of employment index: The rigidity of employment index measures the regulation of employment, specifically the hiring and firing of workers and the rigidity of working hours. This index is the average of three subindexes: a difficulty of hiring index, a rigidity of hours index, and a difficulty of firing index. The index ranges from 0 to 100, with higher values indicating more rigid regulations.
  • Rigidity of employment index > 0=less rigid to 100=more rigid: The rigidity of employment index measures the regulation of employment, specifically the hiring and firing of workers and the rigidity of working hours. This index is the average of three subindexes: a difficulty of hiring index, a rigidity of hours index, and a difficulty of firing index. The index ranges from 0 to 100, with higher values indicating more rigid regulations."
  • Salaries and benefits > Hourly minimum wage: Hourly minimum wage at international USD (this means that discrepancies in purchasing power have been compensated for).
  • Salaries and benefits > Minimum wage: Minimum wage.

    No date was available from the Wikipedia article, so we used the date of retrieval.

  • Unemployment rate: The percent of the labor force that is without jobs. Substantial underemployment might be noted.
  • GNI per capita > Constant 2000 US$: GNI per capita (constant 2000 US$). GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2005 U.S. dollars.
  • Unemployment, female > % of female labor force: Unemployment, female (% of female labor force). Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Definitions of labor force and unemployment differ by country.
  • GNI > Current US$, % of GDP: GNI (current US$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. Figures expressed as a proportion of GDP for the same year
  • Share of women employed in the nonagricultural sector > % of total nonagricultural employment: Share of women employed in the nonagricultural sector is the share of female workers in the nonagricultural sector (industry and services), expressed as a percentage of total employment in the nonagricultural sector. Industry includes mining and quarrying (including oil production), manufacturing, construction, electricity, gas, and water, corresponding to divisions 2-5 (ISIC revision 2) or tabulation categories C-F (ISIC revision 3). Services include wholesale and retail trade and restaurants and hotels; transport, storage, and communications; financing, insurance, real estate, and business services; and community, social, and personal services-corresponding to divisions 6-9 (ISIC revision 2) or tabulation categories G-P (ISIC revision 3)."
  • Unemployment > Unemployment > Total > % of total labor force: Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Definitions of labor force and unemployment differ by country.
  • Net income from abroad > Current US$ per million: Net income from abroad (current US$). Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current U.S. dollars. Figures expressed per million population for the same year.
  • Unemployment, male > % of male labor force: Unemployment, male (% of male labor force). Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Definitions of labor force and unemployment differ by country.
  • Unemployment, total > % of total labor force: Unemployment, total (% of total labor force). Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Definitions of labor force and unemployment differ by country.
  • Net income from abroad > Current US$, % of GDP: Net income from abroad (current US$). Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current U.S. dollars. Figures expressed as a proportion of GDP for the same year
  • GNI per capita > Current LCU: GNI per capita (current LCU). GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.
  • Net income from abroad > Current LCU: Net income from abroad (current LCU). Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current local currency.
  • Net income from abroad > Current LCU per million: Net income from abroad (current LCU). Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current local currency. Figures expressed per million population for the same year.
  • GNI > Current LCU per capita: GNI (current LCU). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency. Figures expressed per capita for the same year.
STAT Australia Palau HISTORY
GNI > Current LCU 1.43 trillion
Ranked 77th. 6957 times more than Palau
205.8 million
Ranked 175th.

GNI > Current US$ $1.48 trillion
Ranked 13th. 7174 times more than Palau
$205.80 million
Ranked 175th.

GNI > Current US$ per capita $65,084.00
Ranked 5th. 7 times more than Palau
$9,916.16
Ranked 57th.

Hours worked > Standard workweek 38 hours
Ranked 178th.
40 hours
Ranked 150th. 5% more than Australia
Labor force 11.62 million
Ranked 38th. 1189 times more than Palau
9,777
Ranked 125th.

Labor force > By occupation agriculture 3.7%, industry 26.4%, services 70% agriculture 20%, industry NA, services NA
Labor force > By occupation > Agriculture 3.6%
Ranked 13th.
20%
Ranked 2nd. 6 times more than Australia
Labor force > Per capita 535.87 per 1,000 people
Ranked 26th. 10% more than Palau
486.42 per 1,000 people
Ranked 41st.
Labor force per 1000 526.62
Ranked 24th. 7% more than Palau
491.13
Ranked 38th.

Net income from abroad > Current US$ $-56,068,393,722.46
Ranked 162nd. 2480 times more than Palau
$-22,608,149.56
Ranked 47th.

Rigidity of employment index 3
Ranked 165th.
4
Ranked 163th. 33% more than Australia

Rigidity of employment index > 0=less rigid to 100=more rigid 0.0
Ranked 172nd.
4
Ranked 163th.

Salaries and benefits > Hourly minimum wage $10.63
Ranked 3rd. 4 times more than Palau
$2.50
Ranked 50th.
Salaries and benefits > Minimum wage Most workers are covered by an award , which may vary by employee age, geographical location and industry. For adults not covered by an award or agreement, the minimum wages is A$ 16.37 per hour, A$622.20 per week; set federally by Fair Work Australia . Junior workers, apprentices and trainees not covered by an award each have a minimum wage level set nationally. US$ 2.50 per hour; does not include foreign workers.
Unemployment rate 5.1%
Ranked 75th. 21% more than Palau
4.2%
Ranked 88th.

GNI per capita > Constant 2000 US$ $36,031.53
Ranked 16th. 4 times more than Palau
$8,730.60
Ranked 59th.
Unemployment, female > % of female labor force 5.3%
Ranked 62nd. 8% more than Palau
4.9%
Ranked 90th.
GNI > Current US$, % of GDP 97.09%
Ranked 98th. 8% more than Palau
90.1%
Ranked 153th.

Share of women employed in the nonagricultural sector > % of total nonagricultural employment 46.8%
Ranked 37th. 18% more than Palau
39.6%
Ranked 73th.

Unemployment > Unemployment > Total > % of total labor force 4.2%
Ranked 52nd. About the same as Palau
4.18%
Ranked 81st.
Net income from abroad > Current US$ per million $-2,471,759,055.99
Ranked 158th. 2 times more than Palau
$-1,089,339,383.46
Ranked 152nd.

Unemployment, male > % of male labor force 5.2%
Ranked 60th. 41% more than Palau
3.7%
Ranked 95th.
Unemployment, total > % of total labor force 5.2%
Ranked 65th. 24% more than Palau
4.2%
Ranked 100th.
Net income from abroad > Current US$, % of GDP -3.687%
Ranked 102nd.
-9.898%
Ranked 145th. 3 times more than Australia

GNI per capita > Current LCU 63,114.36
Ranked 84th. 6 times more than Palau
9,916.16
Ranked 147th.

Net income from abroad > Current LCU -42,967,000,000
Ranked 116th. 1901 times more than Palau
-22,608,149.564
Ranked 38th.

Net income from abroad > Current LCU per million -1,894,187,871.414
Ranked 103th. 74% more than Palau
-1,089,339,383.459
Ranked 87th.

GNI > Current LCU per capita 63,114.36
Ranked 84th. 6 times more than Palau
9,916.16
Ranked 147th.

SOURCES: World Bank national accounts data; World Bank national accounts data. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; Wikipedia: List of minimum wages by country (Countries) ("Country Reports on Human Rights Practices for 2013" . State.gov . Retrieved 2014-03-04 .); CIA World Factbooks 18 December 2003 to 28 March 2011; All CIA World Factbooks 18 December 2003 to 18 December 2008; CIA World Factbooks 18 December 2003 to 28 March 2011. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Development Indicators database; World Bank, Doing Business project (http://www.doingbusiness.org/).; Wikipedia: List of minimum wages by country (Countries); International Labour Organization, Key Indicators of the Labour Market database.; World Bank national accounts data. GDP figures sourced from World Bank national accounts data, and OECD National Accounts data files.; International Labour Organisation, Key Indicators of the Labour Market database.

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