Unemployment remains low despite labour market slowdown
The number of unemployed people to job vacancies rose to 1.5% in November, still well below the pre-COVID figure of 3.1%.
Slowing job market projected to hit young workers the hardest
A slowing pace of annual growth in payroll jobs, which tracks the number of employees on employer payrolls, points to a slowdown in labour market growth.
Easing labour market may spell good news on interest rates
The series of interest rate rises were aimed at taking the heat out of inflation and slowing the economy.
Research shows clear relationship between unemployment and suicide
The study is based on Australian Bureau of Statistics data on underutilised labour and suicide rates from 2004 to 2016.
Chalmers boasts 3.6% unemployment rate, says record 465,000 jobs created in Labor’s first year
Treasurer Jim Chalmers says the national economy is prepared to take on global headwinds, following data showing Australia outperforming international peers.
Job market resilient despite inflationary and interest rate pressures
Unemployment has barely budged even as the central bankers do all they can to cool the economy.
Are we heading towards the end of low unemployment? The numbers say yes
In January, unemployment lifted from 3.5% to 3.7%, and there’s a decent chance it’ll never drop that low again in our lifetimes.
Uncertainty, cost of living and inflation will shape the jobs market in 2023
The pandemic, economic uncertainty and some interesting trends among employees promise to make the jobs market a tricky one in 2023.
The Great Resignation Down Under: Aussies begin job hopping, LinkedIn data shows
The Great Resignation Down Under is shaping up to be a wave of job hopping rather than people exiting the workforce, as Australians make career moves now that COVID-19 restrictions have eased.
