Labour Force

Created
Thu, 29/05/2025 - 16:41
During the recent inflationary episode, the RBA relentlessly pursued the argument that they had to keep hiking interest rates, and then, had to keep them at elevated levels, well beyond any reasonable assessment of the situation, because wage pressures were set to explode. They claimed their business liaison panel was telling them that wages were…
Created
Thu, 15/05/2025 - 13:17
Last month’s labour force data for Australia revealed a sluggish labour market, seemingly on the cusp of contraction as other indicators were pointing in that direction. The Australian Bureau of Statistics (ABS) released the latest labour force data today (May 15, 2025) – Labour Force, Australia – for April 2025, which revealed that employment growth…
Created
Thu, 17/04/2025 - 08:29
The Australian Bureau of Statistics (ABS) released the latest labour force data today (April 17, 2025) – Labour Force, Australia – for March 2025. It revealed that the unemployment rate rose 0.1 point (on rounding) to 4.1 per cent, employment rose by 32,200 (0.2 per cent), the underemployment rate was unchanged at 5.9 per cent,…
Created
Thu, 20/03/2025 - 13:11
Today (March 20, 2025), the Australian Bureau of Statistics released the latest – Labour Force, Australia – for February 2025. The contraction in overall employment growth, the participation rate, and the employment-population ratio are all signs of a deteriorating situation. Unemployment always lags behind the employment dynamics because of the participation rate movements, which means…
Created
Thu, 20/02/2025 - 12:32
Today (February 20, 2025), the Australian Bureau of Statistics released the latest – Labour Force, Australia – for January 2025. Employment growth was relatively strong and concentrated on full-time employment, which is a good sign. It was, however, unable to keep pace with the underlying population growth and the rising participation rate and as a…
Created
Thu, 16/01/2025 - 12:54
Today (January 16, 2025), the Australian Bureau of Statistics released the latest – Labour Force, Australia – for December 2024. Employment growth was relatively strong but concentrated on part-time employment, which suggests the quality of employment fell. Employment growth was also unable to keep pace with the underlying population growth and the rising participation rate…
Created
Thu, 14/11/2024 - 12:20
Today (November 14, 2024), the Australian Bureau of Statistics released the latest – Labour Force, Australia – for October 2024, which shows that employment growth was very weak and may signal that the labour market is finally slowing in line with overall spending and GDP growth. Employment growth failed to keep pace with the underlying…
Created
Thu, 17/10/2024 - 14:23
Today (October 17, 2024), the Australian Bureau of Statistics released the latest – Labour Force, Australia – for September 2024, which shows that the labour outlook shifted towards the positive in September 2024. Employment growth was above the year’s average and was biased towards the net creation of full-time jobs and underemployment fell. The unemployment…