Tag: Underemployment

June 2023 Index reveals SMEs hit by underemployment as monthly hours drop.

As the Australian jobs market continues to strengthen, latest figures from the ABS indicate the underemployment rate has hit a 14-year low.

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 […]

More Australians are facing underemployment than unemployment in the wake of the GFC, with women hit the hardest, new ABS statistics have found.