In the 2009 Australian Graduate Survey conducted by Graduate Careers Australia, female bachelor degree graduates were found to be paid around 3 percent less on average than their male counterparts.
Economists believe that yesterday’s positive ABS labour force data has increased the possibility that the RBA will look to tighten monetary policy as near full employment triggers inflation pressures.
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.
The unemployment rate is predicted to stay at 5.2 percent, with the number of unemployed people seeking work continuing to decline at the recent trend rate.
The financial services industry has well and truly shrugged off the global financial crisis, with employer confidence at its highest level in close to a decade.
The Australian job market has stagnated in June after rebounding 5.47 percent in May, according to the latest Advantage Job Index online job ads figures.
National job vacancies have fallen by 3.1 per cent during the month of June, as employers are waiting until after the federal election to recruit.
Job vacancies fell in May by 2.8 percent from February to 164,600 in the latest ABS data, with public sector vacancies collapsing 12.3 percent over the same period.
Fewer Australians are experiencing unemployment and job placements are on the rise, according data released today by one of Australia’s largest employment services providers, PVS Workfind.
Australia’s unemployment rate has edged further lower, falling to 5.2 percent in May in figures released by the Australian Bureau of Statistics today.
