Variations on a theme: Some great work from Amanda Cox at the New York Times looking at US Labour Markets: At every age, the chances of not working have changed in the last 15 years. Teenagers are far more likely not to work. Older people are retiring later and working more. In the ages in between — the periods of…
Tag Archives Unemployment
The disturbing scenes in London over the last few days bring in to a stark contrast the competing challenges of the immediate, short-term need for social order and the extended, long-term need for social inclusion. There are many thousands of pictures and words that will be written about this London summer. Jonathon Freedland, writing in the Guardian says: The soul…
5.8% unemployment. Once again, the labour market data in Australia shows a remarkably robust labour market, with seasonally adjusted unemployment stable in July at 5.8%. ANZ CEO Mike Smith last night stated that he saw unemployment here stabilising at 6%, which would be remarkable. The problem is that that would require a fair pick up in the economy in the…
Labour market. The unemployment numbers yesterday were again remarkably good relative to what is happening elsewhere in the world. The headline u/e rate is up to 5.8%. Since July last year we’ve lost about 160,000 full time jobs, but part time jobs are up about 127,000. Of course we need to create jobs to stop the unemployment rate from rising,…
Andrew Leigh says: Jeff Borland has a splendid article (gated, sorry) in the latest Australian Economic Review on what happens to the labour market in recessions. 4 Key points: The impact across industries differs greatly. In past recessions, employment tends to fall in agriculture, manufacturing and construction, but also tends to rise in ‘recreation and personal services’, and sometimes also in…
Dollar falls on job ads slump. THE dollar was weaker at noon as worries about a rising jobless rate figure this week sparked a sell-off in the currency. [Herald Sun | Breaking News]
Jobless at generational low. THE unemployment rate has slipped to a generational low of 4.8 per cent, figures show. By AAP. [Herald Sun | Breaking News]
Tasmania - More than two hundred 2004 Year 10 students who were at risk of not continuing their studies or finding employment have now successfully gone on to college, TAFE or work, thanks to the intensive support provided by Tasmania's new Youth Learning Officers. Link: Youth Learning Officers a Success.