Will we miss 'tight' labour markets? These six graphs tell the story of Australia's post-pandemic jobs market

At the same time, we pumped our economy with an enormous amount of stimulus and the Reserve Bank cut interest rates to record lows.

However, with closed borders, employers had little choice but to source their workers from the local pool of unemployed people.With workers becoming a scarce commodity, nearly all of the jobs created were full-time jobs.such as the long-term unemployed"While the national unemployment rate has declined by 1.6 percentage points since before the pandemic, it has declined by 3.1 percentage points for youth, and by 2.

The participation rate hit a record-high in June last year too, and it's been hovering around that level ever since.Underemployment and underutilisationThe underemployment rate, therefore, measures the number of underemployed people expressed as a proportion of the labour force.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Darling Point beachfront hits market with $70m guide - realestate.com.auAn incredible waterfront trophy home has just hit the market with jaw-dropping harbour views and a price tag that would make it one of Australia’s most expensive properties.
La source: dailytelegraph - 🏆 21. / 51 Lire la suite »