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Publication Type: Monthly Labour Market UpdateX
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
— 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
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
— 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
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
— 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
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
— 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
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
– 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
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
– 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
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
— 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
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
— 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
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
— 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
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
— 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
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
— 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
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
The Bankwest Curtin Economics Centre team acknowledges the Wadjuk Nyungar people as the traditional owners of the land on which the Centre is situated.