JOB CREATION AND JOB DESTRUCTION IN MANUFACTURING-INDUSTRY IN AUSTRALIA

This paper studies properties of employment flows between disaggregate d sectors of manufacturing industry in Australia for 1978-79 to 1991-9 2. Measures of job creation, job destruction and employment reallocati on are calculated and the magnitude, correlation and cyclicality of th ese measures of employment flows are examined. An analysis of the sour ces of aggregate employment reallocation considers the effects of inte r- and intra-sectoral employment flows, and of aggregate and sectoral- level factors. The consequences of employment reallocation for unemplo yment outcomes in Australia are also examined.