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Publication Type: Monthly Labour Market UpdateX
BCEC Monthly Labour Market Update – April 2023
— Employment falls and unemployment rate rises, but no clear signs of a slowdown as vacancies and hours worked increase in April 2023. — — Nominal wages rise but real wages continue to fall as wage growth fails to keep... Read article
— Employment falls and unemployment rate rises, but no clear signs of a slowdown as vacancies and hours worked increase in April 2023. — — Nominal wages rise but real wages continue to fall as wage growth fails to keep... Read article
BCEC Monthly Labour Market Update – January 2023
Evidence of downturn builds, but unlikely to save mortgage holders from further pain Can we get inflation under control without driving the economy into recession? That’s the big challenge for Australian policy-makers for 2023. After eight consecutive interest rate rises... Read article
Evidence of downturn builds, but unlikely to save mortgage holders from further pain Can we get inflation under control without driving the economy into recession? That’s the big challenge for Australian policy-makers for 2023. After eight consecutive interest rate rises... Read article
BCEC Monthly Labour Market Update – December 2022
Despite little change, December figures may mark a turning point Nationally, there was minimal movement in the main labour force aggregates in December. Total employment fell marginally, by 14,600 jobs or one tenth of a per cent, the participation rate... Read article
Despite little change, December figures may mark a turning point Nationally, there was minimal movement in the main labour force aggregates in December. Total employment fell marginally, by 14,600 jobs or one tenth of a per cent, the participation rate... Read article
BCEC Monthly Labour Market Update – November 2022
No November pain for employment, only for borrowers Estimates from the Australian Bureau of Statistics (ABS) labour force survey for November show no signs of the anticipated economic downturn. The national labour market managed to absorb a surprising 71,300 new... Read article
No November pain for employment, only for borrowers Estimates from the Australian Bureau of Statistics (ABS) labour force survey for November show no signs of the anticipated economic downturn. The national labour market managed to absorb a surprising 71,300 new... Read article
BCEC Monthly Labour Market Update – October 2022
Jobs up, unemployment down, but real wages keep on falling The Australian labour market remains defiant in the face of rising interest rates, adding 32,000 additional jobs in October. The unemployment rate fell back to 3.4 per cent, equalling the... Read article
Jobs up, unemployment down, but real wages keep on falling The Australian labour market remains defiant in the face of rising interest rates, adding 32,000 additional jobs in October. The unemployment rate fell back to 3.4 per cent, equalling the... Read article
BCEC Monthly Labour Market Update – September 2022
Growing signs the labour market has peaked While there were minimal changes in the key labour force figures from August to September 2022, the latest data reinforce our assessment that the labour market has peaked for the current cycle and... Read article
Growing signs the labour market has peaked While there were minimal changes in the key labour force figures from August to September 2022, the latest data reinforce our assessment that the labour market has peaked for the current cycle and... Read article
BCEC Monthly Labour Market Update – August 2022
The other side of the summit … After eight months of very strong jobs growth driving the national unemployment rate down to 3.5 per cent in June 2022, the July and now August figures suggest the labour market may have... Read article
The other side of the summit … After eight months of very strong jobs growth driving the national unemployment rate down to 3.5 per cent in June 2022, the July and now August figures suggest the labour market may have... Read article
BCEC Monthly Labour Market Update – July 2022
The BCEC Monthly Labour Market Update provides expert insights and analysis around the latest Australian Bureau of Statistics (ABS) labour force data release, focusing on employment patterns across state and territories. Coming in for a soft landing? Despite the national unemployment... Read article
The BCEC Monthly Labour Market Update provides expert insights and analysis around the latest Australian Bureau of Statistics (ABS) labour force data release, focusing on employment patterns across state and territories. Coming in for a soft landing? Despite the national unemployment... Read article
BCEC Monthly Labour Market Update – June 2022
National records continue to tumble Estimates from the June labour force survey show another sizeable jump in total employment across the country, with 88,400 more people finding work last month. That followed on the heels of an increase of 60,000... Read article
National records continue to tumble Estimates from the June labour force survey show another sizeable jump in total employment across the country, with 88,400 more people finding work last month. That followed on the heels of an increase of 60,000... Read article
BCEC Monthly Labour Market Update – May 2022
Inflation looms as the constraint Employment continued its strong growth path in May. The labour force figures show an additional 60,000 persons gained employment in Australia from the previous month, with 70,000 additional full-time jobs offset by a decline in... Read article
Inflation looms as the constraint Employment continued its strong growth path in May. The labour force figures show an additional 60,000 persons gained employment in Australia from the previous month, with 70,000 additional full-time jobs offset by a decline in... Read article
BCEC Monthly Labour Market Update – April 2022
Unemployment rate hits record low Australia’s official unemployment rate is now at the lowest level since the current labour force series commenced 44 years ago, in February 1978. The new record of 3.9 per cent was in fact awarded retrospectively... Read article
Unemployment rate hits record low Australia’s official unemployment rate is now at the lowest level since the current labour force series commenced 44 years ago, in February 1978. The new record of 3.9 per cent was in fact awarded retrospectively... Read article
BCEC Monthly Labour Market Update – March 2022
How low can you go? With newfound interest in the national unemployment rate arising from the federal election campaign trail, all eyes were on the release of the March figure to see if it would break through the 4 per... Read article
How low can you go? With newfound interest in the national unemployment rate arising from the federal election campaign trail, all eyes were on the release of the March figure to see if it would break through the 4 per... Read article
The Bankwest Curtin Economics Centre team acknowledges the Wadjuk Nyungar people as the traditional owners of the land on which the Centre is situated.