Long-Term Unemployment Surges Amid Decline in Entry-Level Jobs: Report

Since mid-2022, entry-level jobs grew by just 1.9 percent, with vacancies dropping 39 percent.
Long-Term Unemployment Surges Amid Decline in Entry-Level Jobs: Report
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A new report by the Australian Council of Social Service (ACOSS) has highlighted a severe decline in entry-level jobs and a troubling rise in long-term unemployment, calling for urgent reform to Australia’s employment services system.

The Faces of Unemployment 2024 report, supported by the Ecstra Foundation, reveals that since mid-2022, when interest rates began to climb, employment at the lowest skill levels has grown by just 1.9 percent, compared to 7.8 percent overall.

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