Australia job openings at record high. These industries struggling to find staff
2 years, 9 months ago

Australia job openings at record high. These industries struggling to find staff

Live Mint  

Job vacancies in Australia surged to all-time highs in the May quarter as firms struggled to find staff amid a tightening labour market. There were 480,000 job vacancies in May 2022 in Australia, higher than more than 58,000 more than in February 2022, according to new seasonally adjusted figures from the Australian Bureau of Statistics. Bjorn Jarvis, head of Labour Statistics at the ABS, said: “The number of job vacancies rose by 14% over the three months to May 2022, to almost half a million jobs. Australia job vacancies, change from February 2020 and February 2022 Industry Division % Change February 2022 to May 2022 % Change February 2020 to May 2022 Arts and recreation services 15.7 259.9 Accommodation and food services 12.7 252.4 Rental, hiring and real estate services 4.7 204 Construction 13.2 140 Manufacturing -5.5 136.1 Health care and social assistance 14.4 131.5 Other services 2.1 123.3 Retail trade 38.3 113.1 Transport, postal and warehousing 3 101.8 Electricity, gas, water and waste services 5.5 96.5 Public administration and safety 12 81.7 Mining 6.3 72.1 Financial and insurance services 11.4 69 Education and training 9.3 63.7 Professional, scientific and technical services 1.8 63 Information media and telecommunications 18.1 57.4 Wholesale trade -11.8 51.5 Administrative and support services -5.9 22.5 Source: Australian Bureau of Statistics

Job Australia Services Vacancies High 2022 Unemployed People Job Vacancies  job  growth  industries  trade  record  vacancies  high  2022  services  unemployed  statistics  australia  2020  staff  openings  struggling

History of this topic

Unemployment rate edges higher to 4.1 per cent in January as workforce participation hits record high
1 month, 1 week ago

Unemployment rate edges higher to 4.1 per cent in January as workforce participation hits record high

ABC  

Australia's unemployment rate rose slightly to 4.1 per cent in January, from 4 per cent in December, as more people looked for a job or found work. "The rises in both the number of people employed and unemployed saw the participation rate rise by 0.1 percentage point, to a new record high," ABS head of labour statistics Bjorn Jarvis said. …

Job vacancies in Australia rebound in November quarter to break 9 straight quarters of declines
2 months, 3 weeks ago

Job vacancies in Australia rebound in November quarter to break 9 straight quarters of declines

Hindustan Times  

Job vacancies in Australia rebounded in the November quarter to break nine straight quarters of declines, data showed on Wednesday, in a further sign of resilience in the labour market. The Bureau of Labor Statistics projected that the U.S. economy should see 4.7 million jobs added between 2022 and 2032. Figures from the Australian Bureau of Statistics showed vacancies bounced …

Unemployment rate climbs to 4.2 per cent in July despite 58,000 people finding work
7 months, 2 weeks ago

Unemployment rate climbs to 4.2 per cent in July despite 58,000 people finding work

ABC  

The unemployment rate has climbed to 4.2 per cent in July — its highest level since November 2021 — as Australia's economy continues to slow down. "The unemployment rate rose to 4.2 per cent in July, with the number of unemployed growing by 24,000 people and employed by around 58,000. However, that competitive jobs market extends well beyond graduates — …

Economists warn unemployment rate could rise above 5 per cent, with hundreds of applications for individual jobs
8 months, 1 week ago

Economists warn unemployment rate could rise above 5 per cent, with hundreds of applications for individual jobs

ABC  

While the jobless rate has been slowly creeping higher, alarm bells are ringing about the potential for a big surge in unemployment. Dr Chapman warned there was a risk Australia's unemployment rate could peak above 5 per cent, which is well above current forecasts, by the end of next year. Jobless rate acceleration a matter of time The obvious question …

Unemployment edges up despite more than 50,000 extra jobs amid population and participation growth
8 months, 1 week ago

Unemployment edges up despite more than 50,000 extra jobs amid population and participation growth

ABC  

Australia's unemployment rate has continued to edge higher, despite the creation of about 50,000, mostly full-time, jobs. "The participation rate in June was only 0.1 percentage point lower than the historical high of 67.0 per cent in November 2023," he noted. "This, along with the continued high level of job vacancies, suggests the labour market remains relatively tight, despite the …

US job openings rise modestly to 8.8 million in February in strong labor market
11 months, 4 weeks ago

US job openings rise modestly to 8.8 million in February in strong labor market

Associated Press  

WASHINGTON — U.S. job openings barely changed in February, staying at historically high levels in a sign that the American job market remains strong. But the Job Openings and Labor Turnover Survey, or JOLTS, showed that layoffs ticked up to 1.7 million in February from 1.6 million in January, highest since March 2023. “Job openings are still elevated relative to …

Unemployment rate remains at 3.7 per cent in August, as employment grows by 65,000
1 year, 6 months ago

Unemployment rate remains at 3.7 per cent in August, as employment grows by 65,000

ABC  

Australia's unemployment rate has remained at 3.7 per cent for August, with employment increasing by 64,900 people and unemployment declining by 2,600 people. Key points: The participation rate hit a new record high of 67 per cent in August The unemployment rate remained at 3.7 per cent Employment increased by 64,900, while official unemployment declined by 2,600 Australian Bureau of …

The jobs market is strong for now, but unemployment will be the last indicator of recession
1 year, 9 months ago

The jobs market is strong for now, but unemployment will be the last indicator of recession

ABC  

The latest unemployment numbers had a lot of us scratching our heads — economists, journalists, financial traders, possibly even the statisticians themselves. After more than a year of interest rate rises at the fastest pace in recent history, all while Australians hold more debt than they ever have before, employers added close to 76,000 extra staff pushing unemployment back down …

Job vacancies in Australia still up 40% in a year despite strong hiring
2 years, 6 months ago

Job vacancies in Australia still up 40% in a year despite strong hiring

Live Mint  

Job vacancies in Australia eased in the August quarter but vacancies were also more than double what they were prior to the pandemic. There were 471,000 job vacancies in August 2022, a decrease of 10,000 from May 2022, according to new seasonally adjusted figures from the Australian Bureau of Statistics. But the data showed that number of job vacancies in …

Long-term unemployment is falling rapidly, and it's changing lives
2 years, 7 months ago

Long-term unemployment is falling rapidly, and it's changing lives

ABC  

The labour market hasn't been this tight in decades. In October last year, when the national unemployment rate was still 5.2 per cent, there were 183,400 people in long-term unemployment. But the unemployment rate is now 3.4 per cent, a level last seen in the early 1970s, and the number of people in long-term unemployment has dropped by 55,500. Well, …

Unemployment may soon dip below 3 per cent and is set to stay below 5 per cent for years to come
2 years, 7 months ago

Unemployment may soon dip below 3 per cent and is set to stay below 5 per cent for years to come

ABC  

Unfathomably, Australia's unemployment rate has sunk to 3.5 per cent. In the years before COVID, typically 3 per cent of the workforce worked less than usual hours in any given week as a result of illness or injury. In the half century we have been collecting modern employment statistics, unemployment has shot up dramatically three times: in the mid-1970s, when …

One unemployed person per vacant job: Has Australia finally hit full employment?
2 years, 8 months ago

One unemployed person per vacant job: Has Australia finally hit full employment?

ABC  

Australia's unemployment rate is 3.5 per cent, and it hasn't been this low since August 1974. But even accounting for those realities, he said full employment would see far more people in jobs than existed in the wasteful inter-war years, when 10 per cent of the workforce was frequently without work. But a few years later, after full employment had …

Unemployment plunges to 3.5 per cent, with nearly 90,000 jobs added in June
2 years, 8 months ago

Unemployment plunges to 3.5 per cent, with nearly 90,000 jobs added in June

ABC  

Australia's official unemployment rate has dropped to 3.5 per cent, with an estimated 88,400 jobs added to the economy last month. Key points: The unemployment rate has fallen from 3.9 to 3.5 per cent This is the lowest official jobless rate recorded since August 1974 Job vacancies remain high, with almost one available position for every officially unemployed person This …

The unemployment rate is falling quickly. This 'special formula' explains why
3 years, 1 month ago

The unemployment rate is falling quickly. This 'special formula' explains why

ABC  

Want to see the unemployment rate drop quickly? The "labour force framework" shows show how closed borders have impacted the unemployment rate, writes Gareth Hutchens. However, the unemployment rate will go down by much more when you boost employment by drawing on the pool of unemployed people. Notice how, when the pool of unemployed people shrinks to feed the growth …

Unemployment plunges as post-Delta economic recovery sees jobs boom
3 years, 2 months ago

Unemployment plunges as post-Delta economic recovery sees jobs boom

ABC  

A jobs boom after the Delta outbreak restrictions were lifted in Australia's south-east has seen unemployment plunge to just 4.2 per cent. Key points: Australia's unemployment rate is the lowest since August 2008 Underemployment fell sharply and hours worked rose 1 per cent The data from early December pre-dates the peak of Australia's Omicron outbreak The official ABS data show …

NSW south coast businesses fear for summer ahead due to staff shortages and Omicron uncertainties
3 years, 3 months ago

NSW south coast businesses fear for summer ahead due to staff shortages and Omicron uncertainties

ABC  

Job vacancies are on the rise across the NSW south coast, prompting many businesses to feel "bittersweet" about the busy months ahead. Key points: South Coast businesses cut back operations ahead of a busy summer due to staff shortages Business NSW believes the shortages will remain until international borders fully reopen Local job vacancies have increased by more than 17 …

Unemployment below pre-pandemic levels as jobs surge resumes. Will wages rise?
3 years, 9 months ago

Unemployment below pre-pandemic levels as jobs surge resumes. Will wages rise?

ABC  

From fears of mass unemployment to worries about labour shortages, Australia's jobs market has staged a dramatic turnaround since the COVID-19 pandemic hit our shores. Key points: Unemployment falls from 5.5 to 5.1 per cent An estimated 115,200 jobs were added, the vast majority full-time The underemployment rate also fell from 7.8 to 7.4 per cent, a seven-year low For …

Regional areas have enjoyed a pandemic influx, but many jobs are still waiting to be filled
3 years, 10 months ago

Regional areas have enjoyed a pandemic influx, but many jobs are still waiting to be filled

ABC  

It's mid-morning on a weekday and Lagom Bakery is a hive of activity — trays of freshly baked croissants are pulled from the oven, dough is weighed and shaped, and sourdough loaves are sliced. Key points: Regional towns are reporting an increase in demand for services, but people moving to the area are often not available to fill jobs Regional …

Regional job vacancies hit an all time high but lack of workers leaves employers desperate
3 years, 10 months ago

Regional job vacancies hit an all time high but lack of workers leaves employers desperate

ABC  

The demand for workers in regional Australia has hit an all-time high, surpassing the demand seen during the mining boom a decade ago, according to data from the Regional Australia Institute. Key points: There are now 66,200 job vacancies in regional areas That's 10 per cent higher than during the mining boom Lack of migrant workers is a key factor …

Unemployment rate still falling as COVID economic recovery continues
3 years, 11 months ago

Unemployment rate still falling as COVID economic recovery continues

ABC  

Australia's unemployment rate has continued to fall, and it is women leading the jobs recovery. Key points: The unemployment rate fell from 5.8pc in February to 5.6pc in March Unemployment is now just 0.4 of a percentage point higher than it was before the COVID-19 pandemic was declared These ABS numbers relate to employment over the first two weeks of …

The COVID-19 pandemic helped unemployment figures, but spare capacity clouds Australia's future
3 years, 11 months ago

The COVID-19 pandemic helped unemployment figures, but spare capacity clouds Australia's future

ABC  

When it comes to jobs, Australia's recovery after the economic shock of the national, pandemic-driven lockdown has been nothing short of astonishing, at least if you check the headline numbers. In February, the unemployment rate dived to 5.8 per cent, way below the 6.3 per cent jobless rate in January, a performance that stunned pundits and professional economic soothsayers alike. …

Unemployment and underemployment fall as COVID recovery continues
4 years, 1 month ago

Unemployment and underemployment fall as COVID recovery continues

ABC  

Both unemployment and underemployment have continued their downward trends in further positive signs that Australia's economy is bouncing back quickly from COVID-19. Key points: Employment rose for the fourth consecutive month, leaving unemployment lower at 6.4 per cent Underemployment fell and is now below pre-pandemic levels at 8.1 per cent Victoria led the jobs recovery, and now has a smaller …

Job openings pick up in pandemic-resilient industries
4 years, 1 month ago

Job openings pick up in pandemic-resilient industries

Live Mint  

The number of help-wanted ads returned to pre-pandemic levels in January, particularly among industries that have weathered the pandemic relatively well, a sign that hiring could pick up from its sluggish pace at the start of the year. Industries that recovered quickly from the initial shock of the pandemic have led growth in job openings, said Jed Kolko, chief economist …

Jobs for workers under 20 are on the up. But they're shrinking for every other age group
4 years, 5 months ago

Jobs for workers under 20 are on the up. But they're shrinking for every other age group

ABC  

The number of payroll jobs for Australians aged under 20 is rising above pre-coronavirus levels, but jobs for every other age group are on the decline. Key points: Experts say the data indicates businesses are preferring to hire younger workers at this stage in the recession The economic recovery from coronavirus is expected to be slow as recessionary conditions broaden …

Regional Australia has 45,000 job vacancies, with more available in some places than before coronavirus, data shows
4 years, 6 months ago

Regional Australia has 45,000 job vacancies, with more available in some places than before coronavirus, data shows

ABC  

She's reluctant to use the word "empire" — but when it comes to business, Kerrieanne Nichols is a force to be reckoned with in Dubbo, in NSW's Central West. "There is a perennial problem outside the capital cities and getting people to come and work in what are actually quite good jobs," Regional Australia Institute chief economist Kim Houghton said. …

Unemployment rate falls but job seekers say finding work is still 'really hard'
4 years, 6 months ago

Unemployment rate falls but job seekers say finding work is still 'really hard'

ABC  

Australia's unemployment rate is falling, but those without work say it is not getting any easier to find a job, especially in locked-down Victoria. Key points: The official ABS unemployment rate has fallen from 7.5 per cent in July to 6.8 per cent in August The percentage of underemployed people, who wanted to work more hours than they did, remained …

Victoria could lose more than 300,000 jobs in 2020 due to coronavirus pandemic, report says
4 years, 6 months ago

Victoria could lose more than 300,000 jobs in 2020 due to coronavirus pandemic, report says

ABC  

Victoria is projected to lose up to 325,000 jobs this year because of the coronavirus pandemic, a report released by the City of Melbourne says. Key points: The City of Melbourne's economy could be reduced by up to $110 billion over the next five years, the report says The City of Melbourne's economy could be reduced by up to $110 …

Australia records its deadliest day of coronavirus pandemic
4 years, 7 months ago

Australia records its deadliest day of coronavirus pandemic

India Today  

Australia recorded its deadliest day of the pandemic Monday as the government urged hot spot Victoria state to announce its plans to lift a lockdown on the country's second-largest city. While the deaths were a state and national high, the tally of new infections was Victoria's lowest since 67 new cases were recorded on June 30 in the early weeks …

Victorian jobs slump amid stage 4 coronavirus lockdown, but 'COVID recession' bites elsewhere
4 years, 7 months ago

Victorian jobs slump amid stage 4 coronavirus lockdown, but 'COVID recession' bites elsewhere

ABC  

Paula Evans, owner of boutique Tierra Alma in beachside Mordialloc, didn't need the Australian Bureau of Statistics to tell her about the epic economic pain of Melbourne's August lockdown. Key points: Payroll jobs fell 1 per cent around the nation, but 2.8 per cent in Victoria, in the month to August 8 Melbourne entered tough stage 4 coronavirus restrictions on …

More than 300,000 Australians who lost their jobs during COVID-19 return to work in New South Wales
4 years, 7 months ago

More than 300,000 Australians who lost their jobs during COVID-19 return to work in New South Wales

Daily Mail  

Australia's economy is showing promising signs of bouncing back as more than 700,000 residents across Australia who lost their jobs due to the pandemic return to the workforce. Australia's economy is showing promising signs of bouncing back as more than 700,000 residents who lost their jobs due to the pandemic return to the workforce But in Victoria it is a …

New JobSeeker data shows suburbs benefiting the most from coronavirus payment
4 years, 8 months ago

New JobSeeker data shows suburbs benefiting the most from coronavirus payment

ABC  

Some of Australia's wealthiest areas have recorded the highest increases in people moving onto unemployment payments during the coronavirus pandemic, analysis from the Parliamentary Library shows. Overall, it says the number of people receiving income support payments doubled between December last year and May this year, rising from around 820,000 to 1.6 million. Relatively wealthy electorates in Sydney's east and …

The three jobs that WILL get you hired in the coronavirus era - and some of them pay VERY well
4 years, 8 months ago

The three jobs that WILL get you hired in the coronavirus era - and some of them pay VERY well

Daily Mail  

As most industries suffer through the coronavirus lockdown and unemployment soars, there are three areas of expertise which are becoming increasingly attractive in the job market. The data showed there was a 25 per cent increase in the number of freelancing jobs posted between the first and second quarter of 2020, rising from 482,000 to 605,000 nationally. Freelancer.com CEO and …

Tasmanian unemployment rate predicted to hit 8.6 per cent amid coronavirus restrictions
4 years, 8 months ago

Tasmanian unemployment rate predicted to hit 8.6 per cent amid coronavirus restrictions

ABC  

For 18-year-old Rosny College student Gabrielle Kidd, Tasmania's economic downturn has already begun to bite. Key points: Tasmania's unemployment rate is predicted to hit 8.6 per cent by 2021 International tourists will fall from 90,000 in 2019 to 39,000 in 2021 Tasmania's population growth is expected to dip before rising again in 2023. The Deloitte report makes a series of …

Young Australians entering workforce in 2020 set to lose $32,000
4 years, 9 months ago

Young Australians entering workforce in 2020 set to lose $32,000

Daily Mail  

Young Australians entering the workforce during the coronavirus recession in 2020 stand to lose $32,000 in wages by the end of the decade. Corporate consultancy EY calculated a 21-year-old university graduate would be a lot worse off even if the Australian economy began to recover this year, and suggested young people make changes now to prepare themselves. Pictured is a …

WA unemployment rate soars to 8.1 per cent with 104,000 jobs lost amid coronavirus pandemic
4 years, 9 months ago

WA unemployment rate soars to 8.1 per cent with 104,000 jobs lost amid coronavirus pandemic

ABC  

Western Australia has recorded the highest unemployment rate in the nation as the full economic damage caused by the coronavirus pandemic continues to be revealed. Key points: The 8.1 per cent unemployment rate is the state's highest on record The 8.1 per cent unemployment rate is the state's highest on record There are now more than 112,000 West Australians unemployed …

Job losses stabilise and stock market bounces back as Australia comes out of lockdown
4 years, 10 months ago

Job losses stabilise and stock market bounces back as Australia comes out of lockdown

Daily Mail  

The worst may be over for coronavirus job losses with fewer people losing work even before COVID-19 lockdowns were eased. In the seven weeks to May 2, total payroll employment fell by 7.3 per cent, the Australian Bureau of Statistics revealed on Wednesday. Pictured are the Three Sisters in the Blue Mountains west of Sydney The labour market is still …

Coronavirus fuels steepest-ever drop in Australian jobs
4 years, 10 months ago

Coronavirus fuels steepest-ever drop in Australian jobs

Al Jazeera  

Hundreds of thousands lost jobs as a result of the coronavirus lockdown, as government warns worse is yet to come. Australian jobs plunged by the most on record in April as hundreds of thousands of people became unemployee as a result of coronavirus lockdowns, with Prime Minister Scott Morrison warning Australians to brace for more “hard news”. Additionally, Prime Minister …

Coronavirus sent shockwaves through the Australian job market. Here are the numbers you need to know
4 years, 10 months ago

Coronavirus sent shockwaves through the Australian job market. Here are the numbers you need to know

ABC  

They're some of the first solid numbers on the impact COVID-19 restrictions are having on Australians' jobs, and they've been described as "devastating" and "terribly shocking" by Prime Minister Scott Morrison. Prime Minister Scott Morrison described the number as "terribly shocking, although not unanticipated", warning more dire employment numbers would follow Thursday's announcement. It's a drop of 2.4 per cent …

Almost a million Australians out of work due to coronavirus; RBA tips economy to take 10pc hit
4 years, 10 months ago

Almost a million Australians out of work due to coronavirus; RBA tips economy to take 10pc hit

ABC  

Almost 1 million Australians have lost their jobs since social-distancing measures to limit the spread of COVID-19 ramped up, new official ABS data suggests, while the Reserve Bank expects the economy to take a 10 per cent hit. Key points: The ABS says the number of jobs in Australia fell by 7.5 per cent between March 14 and April 18 …

Australia expects surge in jobless rate but restrictions remain
4 years, 11 months ago

Australia expects surge in jobless rate but restrictions remain

Al Jazeera  

Australian officials are planning to maintain strict rules on social distancing for six months due to the coronavirus. Australia’s unemployment rate is forecast to spike to the highest level in 25 years because of the coronavirus pandemic, but officials said on Tuesday it was still too soon to let up on social restrictions that are curbing economic growth. However, Deputy …

Unemployment falls to 5.2pc in September, but is expected to climb by 2020
5 years, 5 months ago

Unemployment falls to 5.2pc in September, but is expected to climb by 2020

ABC  

Australia's unemployment rate fell marginally to 5.2 per cent in September, on a seasonally adjusted basis. "We are sticking to our forecast that the unemployment rate will climb to 5.5 per cent by early next year." South Australia experienced the biggest improvement as its unemployment rate fell to 6.7 per cent — compared to the previous month's 7.7 per cent. …

Unemployment remains steady at 5.2pc despite an extra 42,300 jobs
5 years, 9 months ago

Unemployment remains steady at 5.2pc despite an extra 42,300 jobs

ABC  

Australia's unemployment rate remained stuck at 5.2 per cent last month, despite the creation of 42,300 jobs in May. Key points: A record number of Australians are in work or looking for it, with participation at 66 per cent The unemployment rate remained steady at 5.2 per cent, but hours worked fell Seek data show job ads in May were …

Regional cities across Australia struggling to attract workers
5 years, 9 months ago

Regional cities across Australia struggling to attract workers

Daily Mail  

Employers in regional areas across Australia have revealed they are struggling to find workers - as bustling cities such as Sydney and Melbourne continue to grow. Business owners and farmers have been left to rely on migrants to do unwanted jobs, as the number of job vacancies across regional Australia reaches 46,000. Business owners and farmers have been left to …

Unemployment creeps back up to 5 per cent despite strong jobs growth
5 years, 11 months ago

Unemployment creeps back up to 5 per cent despite strong jobs growth

ABC  

Australia's unemployment rate has edged back up to 5 per cent, despite another strong month of job creation. Key points: In seasonally adjusted terms 48,300 new jobs were created in March, while 22,600 part-time jobs were shed The unemployment rate edged up 0.1 per cent from an eight year low of 4.9 per cent as more people looked for work …

Unemployment edges down to 5pc despite a cooling economy
6 years, 2 months ago

Unemployment edges down to 5pc despite a cooling economy

ABC  

The Australian jobs market has defied cooling economic conditions, with the unemployment rate edging down to 5 per cent in December. Key points: Unemployment edges down to 5pc, its lowest level since June 2011 Part-time employment growth outpaced full time jobs, which fell by 3,000 over December. "Labour market continued to track well to end 2018, but the spare capacity …

Job seekers have never had it so good as vacancies surpass 10-year record
6 years, 7 months ago

Job seekers have never had it so good as vacancies surpass 10-year record

Dutch News  

The number of job vacancies in the Netherlands reached 251,000 in the second quarter of 2018, an increase of 16,000 over the first three months of the year and 2,000 more than the record set at the end of 2007, the national statistics office CBS said on Tuesday. The number of job vacancies has risen each quarter in the past …

Employment market showing signs of softness with only 4,900 new jobs created in March
6 years, 11 months ago

Employment market showing signs of softness with only 4,900 new jobs created in March

ABC  

Australia's jobs boom is showing signs of cooling after much weaker than expected employment growth in March. Key points: A weak 4,900 new jobs in March held was up by part-time job growth offsetting aa loss of almost 20,000 full time positions February jobs numbers were revised down to a net 6,300 loss, ending a record run of employment growth …

Unemployment stays at 5.4pc despite 'stellar' jobs boom in November
7 years, 3 months ago

Unemployment stays at 5.4pc despite 'stellar' jobs boom in November

ABC  

Unemployment is at a four-and-half-year low. Sounds good, except that the unemployment rate is still 5.4 per cent, above what most economists consider a desirable balance — something around 5 or below. Key points: An estimated 61,600 jobs created in November, 41,900 full-time, 19,700 part-time Unemployment steady at 5.4 per cent but underemployment falls to 8.3 per cent Australia's has …

Jobs growth remains robust pushing unemployment down to 5.5pc
7 years, 5 months ago

Jobs growth remains robust pushing unemployment down to 5.5pc

ABC  

Australia's unemployment rate has dipped to 5.5 per cent following another strong spurt in jobs growth during September. Key points: Job growth is now running at its fastest annual rate since August 2015 The unemployment rate drops another notch to 5.5pc Underemployment also improving and may start to drive up wage growth In seasonally adjusted figures, 19,800 new jobs were …

Discover Related