Since February 2008, there have been 917 thousand net jobs added to the Australian economy but teenagers have lost a staggering 117.3 thousand over the same period. It is even more stark when you consider that 97.2 thousand full-time teenager jobs have been lost in net terms.
Even in the traditionally, concentrated teenage segment – part-time employment, has shed 20.1 thousand jobs net even though 521.3 thousand part-time jobs have been added overall.
Overall, the total employment increase is modest. Further, around 54 per cent of the total net jobs added since February 2008 have been part-time, which raises questions about the quality of work that is being generated overall.
The following graph shows this sordid history. The black line on the part-time employment graph is a linear trend to make what is happening clearer.
So not even in the part-time area where teenagers have an advantage are they gaining traction.
Chosen excerpts by Job Market Monitor. Read the whole story at Teenage employment decline in Australia reaching catastrophic proportions | Bill Mitchell – billyblog.
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