The unemployment rate in Australia jumped to 6% in January from the previous year’s rate of 5.8% according to the Australian Bureau of Statistics (ABS).
Jobs growth is not as strong as it looked a couple of months ago, but not as flat as the latest figures say it is. Read more
Employment Growth for April smashes expectation
The Australian economy added 14,000 jobs in April, smashing the market expectation of 9,000.
It is an amazing figure, especially given April was an unusual month for Australian business, with the ANZAC Day holiday falling the week after Easter, leading to a three-day work week which many people took off entirely. This had the potential to affect job creation decisions.
Australia’s unemployment rate decreased in March
Australia’s seasonally adjusted unemployment rate decreased by 0.2 percentage points to 5.8 per cent in March, as announced by the Australian Bureau of Statistics (ABS).
The seasonally adjusted labour force participation rate decreased by 0.2 percentage points to 64.7 per cent in March.
The ABS reported the number of people employed increased by 18,100 to 11,553,200 in March. The increase in employment was due to increased female and male part-time employment, up 40,200 people to 3,524,000, offset by decreased full-time employment, down 22,100 to 8,029,100. Read more
Source: www.smartcompany.com.au
Adapted from an article by Myriam Robin
Australia’s unemployment rate is described to be steady at 5.8%; however with a closer inspection workforce participation is falling.
December 2013 experienced:
The workforce participation rate in Australia has been falling for close to a decade now; this could be because jobseekers are getting discouraged and just ‘giving up’, joining the ranks of what are commonly called the hidden unemployment, or it could be down to people choosing to do other things that work. However some of the decline has been avoidable due to our ageing population. Read more
Source www.heraldsun.com.au
The number of visitors to Australia with work rights continues to soar, despite the nation’s worsening job outlook.
New Immigration Department data shows;
This infographic visually indicates the unemployment in Australia (Feb 2013, source: Jobs Australia).
PDF can be downloaded by clicking on this link: Jobs Australia – Unemployment in Australia Infographic (February 2013)
