Australian labour market – getting worse due to policy failure

Created
Thu, 16/10/2025 - 13:54
Updated
Thu, 16/10/2025 - 13:54
Last month the Australian labour market went backwards. That trend is now consolidating and the policy makers seem to be finally getting their wish – to put an increasing number of Australian workers out of work. Two years ago, the official unemployment rate was 3.5 per cent. Now it is 4.5 per cent. That is…