South Australia Unemployment Rate Drops to Its Lowest Level Since 1978
The unemployment rate in South Australia has dropped to an unprecedented record low of 3.9 percent for the month of December 2021. These figures provided by the Australian Bureau of Statistics (ABS) demonstrate that the current jobless rate in South Australia is the lowest it has ever been since monthly records commenced in 1978. “South […]
Job Vacancies Across Australia Reach a Record High
Data collected in the weeks leading up to the current outbreak of the Omicron variant has highlighted that job vacancies in Australia are at a level that’s higher than ever before. The recently published figures complied by the Australian Bureau of Statistics (ABS), illustrate that the number of vacancies reached fresh highs in November 2021. […]
Recent Lockdowns Resulted in The Loss of 378,000 Jobs
According to recently published figures compiled by The Australian Bureau of Statistics (ABS) the data shows that 378,000 positions of employment were lost during the September 2021 quarter at the height of the lockdowns that were implemented in NSW, ACT and Victoria. Out of all the jobs that were lost 308,000 were considered to be […]
Job Adds Across Australia Dropped By 5.5 Percent in December 2021
Businesses across Australia chose to take to the labour market with caution during the month of December as job ads fell as a result of the rising case numbers, and the Omicron-induced economic uncertainty that accompanied them. ANZ published the results of its monthly job ads index on Wednesday, which showed the rate of jobs […]
Australia’s Unemployment Rate Continues to Rise
According to the Australian Bureau of Statistics (ABS) an extra 138,000 jobs were lost during the month of September 2021. This means that Australia’s unemployment rate increased up to 4.6 percent, from 4.5 percent, with another dramatic deterioration in the participation rate the main reason why the unemployment rate did not jump further. Australia’s participation rate hit a […]
Australians In Lockdown Have Had Bills Increased By $233
Over 15 million Australians are living in strict lockdown conditions as of 19th August. Although there are many people who are saving money as a result of staying at home, the cost of living for many is surprisingly only getting more expensive. Recently published research has demonstrated that 27 percent of Australian households have seen […]
Australia’s Unemployment Rate Dropped In Latest Lockdown As People Gave Up Looking For Work
The unemployment rate across Australia has dropped during the latest wave of lockdowns, as a large number of unemployed Australians simply gave up looking for work. Australia’s unemployment rate dropped from 4.9 percent in June to 4.6 percent in July. These figures have been recorded despite there only being an extra 2,200 extra people becoming […]
Australia’s Unemployment Rate Drops Under 5 Percent For The First Time In A Decade
According to new figures from the Australian Bureau of Statistics (ABS), Australia’s unemployment rate has dropped to 4.8 percent, with just under 30,000 jobs being created in the month of June 2021. These figures indicate that the nation’s unemployment rate has now declined for eight consecutive months, taking the unemployment rate to its lowest level in […]
Job Vacancies Across Australia Increase by 57 Percent
As various parts of Australia are impacted by new outbreaks of covid-19, the latest job vacancy figures published by the ABS illustrate that job vacancies have risen by 57 percent in May 2021 compared with the figures released in February 2020. One of the major reasons for these labour statistics is the fact that there […]
Australia’s Unemployment Is the Lowest It’s Been Since February 2020
Recently released figures from the Australian Bureau of Statistics (ABS) has shown that Australia’s unemployment rate is continuing to fall. The latest data shows the unemployment rate dropping 0.4 percent points to 5.1 percent during the month of May 2021. The figures published by the ABS revealed that approximately 115,000 Australians found new positions of […]