Reserve Bank of Australia board members agreed back-to-back cash rate cuts were necessary to eat into spare labour market capacity, but a high participation rate and an expanding working age population means it will take “some time” to achieve the ideal jobless rate. Minutes from the RBA’s July 2 meeting show members agreed a consecutive […]
Labor force figures released by the ABS this week show more than 403,000 jobs were created in Australia in 2017, with Minister for Jobs and Innovation Michaelia Cash proclaiming it the “best year for jobs growth ever”. The ABS figures also show that the number of jobs increased for the 15th straight month in December, […]
Unemployment has hit a five-year low in NSW, dropping to 4.6% – more than a full percentage point below the next best state and almost a full percentage point below the national average. The latest figures from the ABS show 21,100 new jobs were added in September, about 2.5 times more than Victoria, the next closest state. […]
The Victorian Government has contributed more than a million in funding towards a program that will help unemployed youth into jobs in the technology sector. According to Roger Antochi of Talent RISE, one of two organisations delivering the program, it will also benefit SMEs hungry for ‘fresh talent’ and innovative muscle. The $1.2 million Jobs […]
NSW Business Chamber supports the 2016 budget stating that small and medium businesses across NSW have been given the opportunity to grow, innovate and employ more staff as a result of a supportive 2016-17 Federal Budget released by the Turnbull Government. NSW Business Chamber CEO Stephen Cartwright said, “For some time we have been articulating […]
It’s hard to disagree that the 2015 budget wasn’t a cash cow for small business. Across Australia some two million businesses cashed in on $5.5 billion in tax breaks as the government attempted to stoke the home fires of the economy. The key prize allowed small business to claim basically any item needed for the […]
A jump in mental health conditions among the country’s 18-24 year-olds has led to a big rise in the number of young Australians looking for work.
Unions are calling for the Abbott Government to make employment the focus of next week’s Federal Budget, as new ABS figures reveal an increase in unemployment.
Approximately 37,700 more Australians entered the Labour Force in March, decreasing the nation’s estimated seasonally adjusted unemployment rate to 6.1 per cent.
Despite a rise in total employment, which rose to 11,145,000 in the year to February, Roy Morgan’s latest employment estimates reveal a decrease in Australia’s overall workforce.
