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.
The number of fully employed persons in Australia grew for the 10th consecutive month, while Australia’s unemployment rate remained steady at 5.1 percent in June.
Matthew Tukaki, the former head of Drake Australia, has said that employers needed to start acting in January to retain key talent, with the latest survey showing employees leaving in droves.
Increases in job advertisements in February suggests an economic recovery, but high staff turnover is clouding the true recovery, new data suggests. Commenting on the recent surge in job advertisements and yet to be released official ABS employment statistics, David Edwards, Strategic Manager of Drake International, said “High levels of staff turnover and churn are […]
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