Australia’s unemployment rate is creeping up but the real danger is underemployment

By Ann Wen · 16 October 2020 · Featured

Australia’s unemployment rate is creeping up but the real danger is underemployment

Full details: Australia’s unemployment rate is creeping up but the real danger is underemployment

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Summary

Australia’s unemployment rate increased to 6.9 per cent in September, however Australians should be focusing on another more troubling labour statistic. The latest ABS data showed that the underemployment rate also increased to 11.4 per cent in September (3 pts higher than a year ago). “Even before the pandemic, underemployment in Australia was persistently high,” said Matt […]

Tags: underemployment, Unemployment