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Publication Type: Monthly Labour Market UpdateX
BCEC Monthly Labour Market Update – April 2024
Unemployment rate edges over 4 per cent despite solid employment growth, albeit only in part-time jobs. Vacancies and wages moderate, consistent with a gradual softening in the labour market. A rapid fall in the rate of employment growth and/or in... Read article
![](https://bcec.edu.au/assets/2024/05/April-2024-MLMU-COVER-300x424.png)
BCEC Monthly Labour Market Update – March 2024
— Labour market remains strong, with few signs yet of the softening in labour demand anticipated as a result of higher interest rates. — — Resilience underscored as headline unemployment rate remains below 4 per cent, along with growth in... Read article
![](https://bcec.edu.au/assets/2024/04/Monthly-Labour-Market-Update-March-2024-1-300x424.png)
BCEC Monthly Labour Market Update – February 2024
— Employment jumps by 116,500 workers in February, or 0.8 per cent in a single month. — — Headline unemployment rate tumbles back to 3.7 per cent, down from 4.1 per cent in January. — — Robust labour market erodes... Read article
![](https://bcec.edu.au/assets/2024/03/Monthly-Labour-Market-Update-February-2024-COVER-300x424.png)
BCEC Monthly Labour Market Update – January 2024
— Unemployment rate inches over 4 per cent for first time in two years. — — Other major labour market aggregates largely unchanged. — — Fall in vacancies gaining momentum in eastern seaboard. — Is the Australian labour market holding... Read article
![](https://bcec.edu.au/assets/2024/02/Monthly-Labour-Market-Update-January-2024-v3-300x424.png)
BCEC Monthly Labour Market Update – December 2023
— Volatile employment figures show 65,100 jobs shed in December. — — Other indicators suggest this overstates the rate at which the labour market is weakening. — — Expect interest rates to stay on hold when the Reserve Bank Board... Read article
![](https://bcec.edu.au/assets/2024/01/Monthly-Labour-Market-Update-December-2023-300x424.png)
BCEC Monthly Labour Market Update – November 2023
– Surprise pre-Christmas jump in full-time employment: up by 0.6% in November – – Participation rate leaps to 67.2 per cent, 0.2ppt – – MYEFO projections banking on deteriorating jobs growth in coming quarters – Jobs figures strong, but estimates... Read article
![](https://bcec.edu.au/assets/2023/12/MLMU-November-cover-300x424.png)
BCEC Monthly Labour Market Update – October 2023
– Inflation and interest rates to stay high for longer – – Labour market stubbornly resilient, as jobs grow by 55,000 nationally – – Real wages to keep falling in coming quarters – Jobs data in line with revised expectations... Read article
![](https://bcec.edu.au/assets/2023/11/MLMU-Oct-2023-Cover-Page-300x424.png)
BCEC Monthly Labour Market Update – September 2023
— Labour market weakens, but headline unemployment rate falls. — — Exodus of males from the labour force as male participation rate falls 0.7ppt to 71.0 per cent; female participation rate returns to 62.7 per cent record high. — —... Read article
![](https://bcec.edu.au/assets/2023/10/Monthly-Labour-Market-Update-September-2023-COVER-300x424.png)
BCEC Monthly Labour Market Update – August 2023
— Strong growth in part-time jobs keeps unemployment rate steady at 3.7 per cent as participation rises. — — Female employment rebounds from July slide. — — Australia’s labour force participation rate hits all time high of 67.0 per cent.... Read article
![](https://bcec.edu.au/assets/2023/09/Monthly-Labour-Market-Update-August-2023-FINAL-1-300x424.jpg)
BCEC Monthly Labour Market Update – July 2023
— Employment stagnates, unemployment rate rises from 3.5 per cent to 3.7 per cent. — — Real wages remain low, little prospect for growth in coming quarters. — — Data only weaker for women, and may not reflect a general... Read article
![](https://bcec.edu.au/assets/2023/08/Monthly-Labour-Market-Update-July-2023-FINAL-300x424.png)
BCEC Monthly Labour Market Update – June 2023
— NSW unemployment rate hits record low as eastern states continue to drive strong labour market. — — Labour market absorbing growth in the working-age population of 50,000 persons every month, with little sign of labour demand weakening. — —... Read article
![](https://bcec.edu.au/assets/2023/07/Monthly-Labour-Market-Update-June-2023-1-300x424.jpg)
BCEC Monthly Labour Market Update – May 2023
— Eastern seaboard jobs surge defies monetary policy tightening. — — Unemployment rate drops 0.1ppt to 3.6 per cent. — — Labour force participation rate and rate of growth of working-age population hit new highs. — — Odds have shortened... Read article
![](https://bcec.edu.au/assets/2023/06/Monthly-Labour-Market-Update-May-2023-COVER-300x424.png)