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Labour Market Updates
October 2024 AU Labour Force Survey: Consolidating Recent Gains
Australia’s labour market remains undeniably tight, with almost every labour market metric still performing strongly.
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September 2024 AU Labour Force Survey: Close to Flawless
Australia’s latest labour market figures were close to flawless. Strong employment gains, lower unemployment, rising hours worked and higher participation — it ticked all the boxes.
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August 2024 AU Labour Force Survey: Another Strong Month
Australian employment continues to surge higher, driven by strong job creation across most sectors. That’s helped the nation absorb the impacts of cost-of-living pressures and other economic challenges.
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Q2 AU Labour Account: Despite Some Declines, Job Creation Remains Strong
The Australian job market continues to slow, with the job vacancy rate falling for seven consecutive quarters. Despite that, Australian job creation remains excellent by historical standards, particularly given a very challenging economic environment.
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July 2024 AU Labour Force Survey: Unemployment Rate Rises
Job creation remains strong in Australia, with full-time employment increasing sharply in recent months. Unemployment remains low but continues to gradually rise due to a combination of high population growth and rising participation in the workforce.
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June 2024 AU Wages: Past Their Peak
While wage growth remains solid, it has clearly passed its peak, with quarterly gains at their lowest in over two years. Nevertheless, solid wage growth continues to support Australian households, helping to absorb the impact of cost-of-living pressures.
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