Job Market Monitor
Australia
Post-Mining Australia – Standard of Living to drop 8 percent by 2030 Accenture says
Australia’s standard of living, defined as real GDP per capita, is in danger of declining by as much as 8 percent over the next 15 years unless the government addresses structural changes in the post-mining economy, the dislocation of jobs in several key industries, the employment skills gap and an aging workforce, according to a … Continue reading
Teenage employment in Australia – A crisis
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 – … Continue reading
Australia – Unemployment steady at 5.8%
Australia’s strong economic performance since the start of the year has failed to increase the number of people in work. The number of people in the workforce fell by 4,800 in May, figures released on Thursday showed, when economists were expecting an increase of 10,000. Although the number of full-time workers rose 22,200, it was … Continue reading
Australia – 900 jobs cut at postal service
Australia Post has told its workers 900 jobs will go as part of a restructure that will split its post and parcel businesses.Australia Post has confirmed 900 jobs will be cut in the restructure. As fewer people post letters, and losses in that part of the business mount, the Government-owned company is planning to operate … Continue reading
BHP and Rio Tinto in Australian – Further job cuts to come
Mining majors BHP Billiton and Rio Tinto have warned that the Australian mining industry will witness more mine closures and job losses this year due to the combination of high costs, high taxes and strong currency. BHP Billiton global coal president Dean Dalla Valle was quoted by The Sydney Morning Herald as saying that the … Continue reading
Australia – Unemployment steady at 5.8 per cent and full-time jobs added
Australia’s unemployment rate has held steady at 5.8 per cent, with the estimated addition of 14,200 jobs. The result defied economist expectations of a small tick up in unemployment to 5.9 per cent, with most having expected a payback after a large decline in the jobless rate last month. However, the Bureau of Statistics figures … Continue reading
Australia – Youth long-term unemployment has more than tripled since 2008 says a report
The number of young Australians who are unemployed for longer than a year – referred to as long-term unemployment – has more than tripled since 2008. The alarming new analysis of Australian Bureau of Statistics data released today by welfare group the Brotherhood of St Laurence reveals more than 50,000 people aged between 15 and … Continue reading
Australia in March – Unemployment Rate fell to 5.8%
The unemployment rate has fallen to a four-month low, in what is being read as a sign of an improving economy. The jobless rate was 5.8% in March, down from 6.1% in February, according to seasonally-adjusted figures from the Australian Bureau of Statistics. The number of people with jobs rose 18,100 in March after a … Continue reading
Australia – Unemployment rate holds steady and almost 50,000 new jobs
AUSTRALIA’S jobs market roared back to life in February, generating almost 50,000 new jobs, more than enough to offset announced high-profile losses at Qantas, Alcoa, Holden and Toyota. An increase in the number of people looking for work helped keep the national unemployment rate unchanged at 6 per cent for the second month in a … Continue reading
Australia / Supermarket giant Coles’ expansion to create 16,000 jobs
Supermarket giant Coles will open 70 new stores in the next three years, creating more than 16,000 jobs. The new stores will be located across the country and are expected to create 8,500 full-time equivalent positions, and more than 8,200 construction jobs. via Coles’ expansion to create 16,000 jobs – http://www.thebull.com.au.
Australia / Unemployment worst in a decade
Australia’s unemployment rate in January jumped to 6.0 per cent – its worst in a decade – with the economy shedding 3,700 jobs amid a turbulent transition away from mining, data showed on Thursday. The Australian Bureau of Statistics said the jobless rate increased from 5.8 per cent in December, with some 7,100 full-time positions … Continue reading
Toyota to Close in Australia / Around 2,500 will lose their jobs
Toyota has made the “heart-breaking” announcement that it will stop making cars in Australia in 2017, bringing an end to the nation’s car manufacturing sector. Around 2,500 Toyota workers will lose their jobs, while the loss of the wider automotive industry will put tens of thousands more jobs at risk. Chosen excerpts by Job Market … Continue reading
Older Workers in Australia / Pushed out of jobs says Age Discrimination Commissioner
YOUNGER bosses who nag older workers to take redundancies, tell them they\’re too old to receive training or deny them promotion are forcing thousands into early retirement. By also refusing to hire older workers they are adding to the nation’s ballooning health and welfare costs by pushing otherwise productive people on to the aged or … Continue reading
Australia / Full-time employment fell by 22,600 in December but UR stayed at 5.8%
Australia’s unemployment picture worsened, exacerbating the central bank’s dilemma over whether to give the economy a boost by further cutting interest rates, or to back off to avoid fanning inflation and prevent a surging property market from overheating. The number of people in full-time work fell by 22,600 in December, government data showed Thursday, capping … Continue reading
Australia / Country-wide licensing authority for occupations has been scrapped
A COUNTRY-WIDE licensing authority for a range of occupations including lawyers and real estate agents has been scrapped. The Council of Australian Governments (COAG) has agreed to scrap the National Occupation Licensing Authority which was set up by the former Labor federal government after a 2008 COAG meeting. Most states decided at a meeting in … Continue reading
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