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Showing 21 - 30 of 55 results for "hours worked"

Chief economist update: Thank goodness for Sorbent

BENJAMIN ONG  |  THURSDAY, 23 APR 2020
... fall by around 10% over the first half of 2020, with most of this decline taking place in the June quarter. Total hours worked in Australia are likely to decline by around 20% over the first half of this year." "The unemployment rate is likely to be ...

Chief economist update: Aussie employment rises... but so does our unemployment rate

BENJAMIN ONG  |  FRIDAY, 21 FEB 2020
... would continue to weaken. This is supported by several leading indicators. The ABS reports itself showing monthly hours worked fell by 8.1 million hours over the month. Employers would ask workers to work more hours before hiring extra staff. The ANZ ...

CBA underpayments reach $53 million

ELIZA BAVIN  |  MONDAY, 16 DEC 2019
... bank said. "The review has been comprehensive. It included over 10 million payslips, accounting for over one billion hours worked by approximately 250,000 current and former employees." "While a focus of the review has been paying people as quickly as ...

Industry fund previews new insurance offering

JAMIE WILLIAMSON  |  TUESDAY, 3 DEC 2019
... Rest said. Other highlights of the revamped offering include a simplified definition of TPD that removes specific hours worked or time period requirements and simplified underwriting. According to the fund, more than $411 million was paid in claims to ...

Woolworths admits to underpaying staff $300m

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2019
... of salaried store team members compared to team members paid under the new EA. "The review has found the number of hours worked, and when they were worked, were not adequately factored into the individual salary settings for some salaried store team ...

Chief economist update: Another rate cut on the cards

BENJAMIN ONG  |  FRIDAY, 14 JUN 2019
... sings, "Yesterday's gone, yesterday's gone..." What matters is the forward view. The ABS reports: "Monthly hours worked in all jobs decreased 5.9 million hours to 1,775.0 million hours." Decreasing hours worked implies lesser need for staff. ...

Australia Day: How the barbecue has changed

DARREN SNYDER  |  FRIDAY, 25 JAN 2019
... part of the organisation's wider view to be part of the "change the date" movement. In 2016, the average paid hours worked was 39 hours per week for men and 30 hours for women. On average, men in the 35-54 age group work the longest hours (42 hours ...

Jobs, jobs, jobs

BENJAMIN ONG  |  FRIDAY, 15 DEC 2017
... whether or not the labour market continue to gain momentum remains to be seen. Here, the ABS' measure of monthly hours worked offers good tidings. Monthly hours worked have increased by 4.0% in the year to November - the fastest rate of increase since ...

Jobs galore

BENJAMIN ONG  |  FRIDAY, 20 OCT 2017
... deemed to be more "permanent" than part-timers. The future looks brighter too with the ABS reporting that monthly hours worked increased by 0.7% in the month of September and 3.4% year-on-year - the quickest since July 2008's 3.4% annual rate. Wait there's ...

The negatives in the positive jobs report

BENJAMIN ONG  |  FRIDAY, 18 AUG 2017
... or not remains to be seen but the near-term outlook appears unfriendly. The seasonally adjusted measure of monthly hours worked fell by 0.84% in the month of July following June's 0.67% increase and May's 1.52% surge - the fastest since January 2015. ...