Employment Forecasts May 2024
Автор: Deloitte Australia
Загружено: 2024-06-25
Просмотров: 322
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Our latest edition of Employment Forecasts shows the Australian labour market has weakened in 2024. Households are still struggling with cost-of-living pressures, as disposable incomes are squeezed by high prices, interest rates, and housing costs.
Labour market underutilisation has risen steadily since the end of 2022 and the unemployment rate now sits above 4% – with almost 600,000 Australians unemployed.
The number of job vacancies has fallen for seven consecutive quarters driven by both reduced private and public sector hiring, and record net overseas migration which is helping to fill open positions. Learn more: https://deloi.tt/45Vl6X7
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