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Since mid-2022, entry-level jobs grew by just 1.9 percent, with vacancies dropping 39 percent.
Across Australia, there were 330,000 job vacancies in August 2024, down by 18,000 from May.
Finance Minister Katy Gallagher says Australia’s interest rate is still lower than the United States, even after today’s rate cut.
The Australian labour market is loosening as the economy navigates through difficult waters.
Working from home is still a prevalent trend across Australia.
Australians are continuing to work more according to new data from the Australian Bureau of Statistics.
