Posts tagged "Australia’s unemployment rate"

The number of unemployed people to job vacancies rose to 1.5% in November, still well below the pre-COVID figure of 3.1%.

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.

The series of interest rate rises were aimed at taking the heat out of inflation and slowing the economy.

The Australian government hasn’t wholeheartedly and publicly committed itself to full employment since the 1945 Full Employment White Paper.

Treasurer Jim Chalmers says the national economy is prepared to take on global headwinds, following data showing Australia outperforming international peers.

Unemployment has barely budged even as the central bankers do all they can to cool the economy.

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.

Proponents of the movement say it's the perfect antidote to toxic work environments where staff feel compelled to answer emails out of hours, work on projects outside their job descriptions, and stay back late.

Thursday’s figure for the month of April has broken the 4% barrier, with unemployment in Australia officially sitting at 3.9%.

The latest jobs figures show Australia’s unemployment rate in June fell below 5% for the first time in a decade. So what does that tell us about the state of the economy?

When JobKeeper ended at the end of March, it looked like a mere blip in employment. But that doesn’t mean there hasn’t been damage.