Australia’s unemployment rate remains at 5.0 percent in January after Australia’s unemployment rate dropped 0.2 percentage points to 5.0 percent in December, the Australian Bureau of Statistics announced today.
Australian retailers saw a small uptick in sales during December, with a 0.2 percent increase in retail trade recorded by the Australian Bureau of Statistics for the month.
Australia’s unemployment rate has dropped 0.2 percentage points to 5.0 percent in December, putting pressure on businesses to pay higher wages to retain or recruit employees, as announced by the Australian Bureau of Statistics today.
The Australian unemployment rate dropped to 5.2 percent in November falling 0.2 percentage points after moving 0.2 percentage points higher in October on the back of increased workforce participation, as announced by the Australian Bureau of Statistics (ABS) today.
Job ads rose for the seventh consecutive month in November and are now 33.2 percent higher than the same time last year, with competition for skilled labour now becoming a serious issue for Australian businesses.
The Australian unemployment rate has jumped to 5.4 percent in October, up 0.2 percent on the previous month, despite an additional 29,700 jobs being created in October, the Australian Bureau of Statistics announced today.
Australia’s unemployment rate is likely to remain at 5.1 percent according to ANZ Head of Australian Economics Ivan Colhoun, with the ANZ Job Advertisements Series for October showing only a modest 0.6 percent increase in job ads.
Australian employees forced to compete for the shrinking pool of skilled workers will need to pay more to attract staff or turn to skilled migration using the Federal Government’s 457-visa program, according to KPMG’s Skilled Migration Survey 2010.
The Australian Bureau of Statistics September Quarter Producer Price Index for September shows inflation for business inputs rising, up 1.3 percent in the September quarter and up 2.2 percent for the year for ‘Stage 3’ production.
Almost one third of new businesses failed between June 2007 and June 2009 according to the Counts of Australian Businesses, including Entries and Exits data released by the Australian Bureau of Statistics (ABS).
