All posts by Jeff Borland
Unemployment is staying low at 3.5%. But for those out of work, here’s why it’s become harder to get a job
This article is republished from The Conversation under a Creative Commons license. Read the original article here. Slower employment growth, faster population growth and a steady rate of unemployment are the main stories from the Bureau of Statistics’ labour force update, released on Thursday. Employment climbed by 32,600 between May and June, while the population…
With unemployment steady at 3.5%, inflation fears shouldn’t stop Australia embracing a full employment target
This article is republished from The Conversation under a Creative Commons license. Read the original article here. Despite warnings of a global economic downturn, Australia has again defied the odds with its official unemployment rate remaining steady at 3.5% in March. Behind that number though, plenty happened. The total number of people in jobs grew…
Unemployment rate back down to 3.5%. It’s anyone’s guess when things will turn
This article is republished from The Conversation under a Creative Commons license. Read the original article here. The latest labour force data from the Australian Bureau of Statistics shows employment in February increasing by 64,600, and the (seasonally adjusted) unemployment rate declining from 3.7% to 3.5%. It’s confirmation that it’s still too early to declare…
3.5% unemployment: Australia’s jobless rate at its lowest since 1974
This article is republished from The Conversation under a Creative Commons license. Read the original article here. It’s not an academic way to start an article about Australia’s latest jobs numbers, but all I can think is “wow”. The official unemployment rate in June fell to 3.5%. It’s almost 50 years – August 1974, to…