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australian unemployment – XtremeCuztoms

Tag: australian unemployment

Skills Shortage, Not Unions’ Demands, Should Be ‘Priority’ of Job Summit: NSW Premier

The high level of union representation at the Labor’s job summit risks making the event “out of touch,” New South Wales Premier warned, as he criticised unions for adding to the economic challenges of Australian families.  While only 14 percent of Australian workers are trade union members, Labor’s Job and Skill Summit saw unions making…


Skills Migration Visa Boost Not the Only Answer to Labour Crunch: Australia’s Treasurer

Australia’s Treasurer Jim Chalmers argues a short-term boost in migration numbers is not the silver bullet to workforce shortfall as an industry leader urges the government to allow up to 200,000 overseas migrants to come to Australia a year to fill job vacancies. It comes as more than 100 business leaders, unions and state governments…


Demand for Australian Workers Remains Strong, but Real Wage Growth Falling: RBA Head

Persistent high levels of demand for workers in Australia has put pressure on wages to rise, but Australians will still be taking a pay cut in real wages. The National Skills Commission revealed that job advertisements rose by 3.6 percent, or 9,300, in February to a total of 269,700. It was driven by New South…


Video Games Might Be Increasing Unemployment: Study

Ziggy “VjpPro” Nguyen did not stay unemployed because he could not get a job but because he had something more enjoyable to do. Almost every day from  August 2019 to January 2020, he woke up at 7 a.m., played video games, ate pizza, played video games, ate pizza, played video games, and slept at 12 a.m….


Record High Number of Australians Working Multiple Jobs

A record number of Australians are juggling two or more jobs as COVID-19 lockdowns and restrictions push workers into the gig economy, the Australian Bureau of Statistics (ABS) has revealed. Newly released data from the ABS revealed that 6.5 percent of the Australian working population now had more than one job during the June quarter,…


Greater Sydney Lockdown Cost State 10,000 Jobs a Day in First Half of July: IPA

Greater Sydney’s extended lockdown has cost the state economy over 10,000 jobs a day, based on the Institute of Public Affairs (IPA) analysis of the latest data. The Australian Bureau of Statistics (ABS) revealed on Thursday that during the fortnight to July 17, the number of payroll jobs fell 2.4 percent across the nation. However,…


Consumer Confidence Increased on the Back of Low Unemployment

Australian consumer confidence has surged despite the negative economic impact of Victoria’s fourth lockdown and the emergence of a new COVID-19 cluster in Sydney. According to ANZ-Roy Morgan’s consumer confidence index, it has risen 1.3 percent this week to 112.4 points, which is above the weekly average score and 14.9 points higher than the same week…


Hundreds of Aussies Job Seekers Reported for Compliance, Behaviour

Only weeks after opening its Employer Reporting Hotline, Services Australia has said that it is investigating hundreds of unemployed individuals after they submitted inappropriate job applications and wasted employers time by skipping interviews or refusing to work. Employment Minister Stuart Roberts said in a media release on Friday that it was disappointing for more than 300…


Jobless Rate Called an ‘Economic Miracle’ as Australian Unemployment Falls to 5.5 Percent

The Australian unemployment rate has fallen for the sixth consecutive month, down to 5.5 percent between March and April, after the JobKeeper wage subsidy ended. The Australian Bureau of Statistics (ABS) figures show that the jobless rate is now just 0.2 percent above the unemployment figures from start of the pandemic and 2 percent lower…


Australian Government Set to Increase Jobless Benefit After Pandemic Supplement Ends in March

The Australian government is set to introduce a permanent rise in the JobSeeker payment rate by $50 a fortnight. This will be the first real increase to the unemployment benefit in Australia since 1994. It is also the largest increase since 1986 and is expected to cost the country $9 billion dollars over the next…