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Showing 1 - 10 of 50 results for "Underemployment"

Young Australians more 'super savvy': Equip

ANDREW MCKEAN  |  MONDAY, 11 JUL 2022
... contributing more to their super early in their careers." Equipsuper noted that even though the pandemic exacerbated underemployment and lost working hours, remarkably 35% of young Australians reported having more disposable income post-COVID. The super ...

Underemployment continues steep decline

ANDREW MCKEAN  |  MONDAY, 27 JUN 2022
... who preferred additional hours while the rest is attributed to people who had their hours reduced. The headcount underemployment ratio was 10.8% whereas the hours-based underemployment ratio was considerably lower at 3.4%. However, this may be a causal ...

Low wage growth a deliberate design feature: ACTU

ANDREW MCKEAN  |  TUESDAY, 3 MAY 2022
... past decade of government, the ACTU placed blame on the government's promotion of insecure work and the rise of underemployment. The trade union also attacked the government's capping of public sector pay and its failure to act on the gender pay gap. ...

CBA posts strong result, dividend

ELIZABETH MCARTHUR  |  WEDNESDAY, 9 FEB 2022
... year in 2022 despite early challenges from the Omicron strain of COVID-19. Both the unemployment rate and the underemployment rate are at the lowest since 2008, with high participation rates," chief executive Matt Comyn said. "Australian households have ...

Tight labour market not yet producing wage growth

ELIZABETH MCARTHUR  |  MONDAY, 24 JAN 2022
... to generate a broad-based shift in wage settings, given almost a decade of conditioning for low wages growth." Underemployment is the lowest it has been since 2008 at 6.6% and the unemployment rate is near the level that would be considered 'full employment' ...

Women participation rate booms

KARREN VERGARA  |  FRIDAY, 16 APR 2021
... month on month, with around 71,000 jobs created. Of those, 55,400 or 78% were filled by women. Female rates of underemployment have also fallen to the lowest level in over seven years. Hume praised her government for delivering to the economic needs ...

Chief economist update: Australians all let us rejoice

BENJAMIN ONG  |  FRIDAY, 16 APR 2021
... restrictions and lockdowns. Employment to population ratio increased to 62.6% - back to where it was in February 2020. Underemployment rate decreased to 7.9% - below pre-pandemic levels. Monthly hours worked increased by 38 million hours to a record ...

Chief economist update: A wonderful set of numbers

BENJAMIN ONG  |  FRIDAY, 20 NOV 2020
... previous month - indicating workers' confidence over their job prospects. But wait, there's more! The underemployment rate dropped by one percentage point to 10.4% in October from 11.4% in the previous month. The labour underutilisation rate ...

Chief economist update: Australian wages slow but still grow

BENJAMIN ONG  |  THURSDAY, 19 NOV 2020
... government's Jobkeeper scheme has short-circuited the lagged negative correlation between wages growth and the underemployment rate. We would have seen negative wages growth otherwise. Continued, albeit slowing growth in wages means that consumers ...

Chief economist update: Lowe taking interest rates lower

BENJAMIN ONG  |  FRIDAY, 16 OCT 2020
... that the country's unemployment rate increased to 6.9% in September from 6.8% in the previous month and the underemployment rate ticked up to 11.4% from 11.3% over the same period. Likewise, a total of 29,500 workers - 20,100 full-time and 9,400 ...
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