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.
What is Australia’s first full employment target and what does it mean for you?
The Australian government hasn’t wholeheartedly and publicly committed itself to full employment since the 1945 Full Employment White Paper.
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.
Employment service providers are profiting more than job seekers. Here’s what needs to change
The problem with the employment services system is that it is premised on competition, not collaboration. And this model, delivered by outsourced providers, seems to have mostly benefited the providers.
The budget sets us up for an unreasonably slow economic recovery, says Grattan Institute
Josh Frydenberg has repetedly said the 2020 budget is “all about jobs”, but he hasn't drawn attention to his economic recovery timeline.
Second wave of infections could cost Australia $100 billion: Deloitte
As Victoria battles to contain a second wave of infections, economic forecasts reveal just how much the economy would suffer if governments fail to contain the recent outbreak.
Coronavirus update for business: Michael Hill closes some stores for good, beneath the unemployment stats, and Zoox seeks a buyer
Unemployment rates aren't all they seem, Aussie-founded self-driving car startup is up for sale, and jeweller Michael Hill feels the bite of COVID-19.
