Tag: Unemployment

The Australian dollar has broken US98c, trading at US$0.9845 after the Australian Bureau of Statistics revealed strong employment numbers for the month of September this morning.

Australia’s unemployment rate for September has remained at 5.1 percent, however almost 50,000 more people gained employment during the month according to the Australian Bureau of Statistics.

Australia’s unemployment rate decreased 0.2 percentage points to 5.1 percent (seasonally adjusted) in August, the Australian Bureau of Statistics announced today.

Australia’s unemployment rate increased by 0.2 percentage points to 5.3 percent in July, seasonally adjusted, with a fall in the number of full time employed.

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 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.

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.

Australia’s population growth is set to slow over the next two years, with overseas students and long-stay visa holders forecast to stay away says BIS Shrapnel.

The former Head of the nation’s largest employment company, Drake Personnel, has called the Coalitions developing position on cutting the dole for those under 30 “absolutely ridiculous”.

As unemployment figures lowered for a third consecutive month, survey results reveal that the upturn is in full swing for Australia’s privately held businesses and employee salaries are on the up. · Over three-quarters (78%) of Australian business are planning to increase salaries in the next 12 months, compared to the global average of only […]