Tag Archives: underemployment

Qld has highest unemployment rate, but we’ve actually coped with COVID-shock better than most states

Queensland once again has the highest unemployment rate in Australia (7.7% compared with a national average of 6.9%), as revealed by the September Labour Force Survey data released by the ABS yesterday, but we need to be careful in jumping … Continue reading

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Aussie unemployment & underemployment video

In my latest video, I expand on my post from last Monday True Queensland unemployment rate around 12% and discuss just how bad the Australian labour market is at the moment. Thanks to those readers who commented on the post … Continue reading

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Michael Knox on why the RBA won’t hike interest rates any time soon

In today’s Financial Review, economics correspondent Jacob Greber observed: The RBA has gone more than seven years now without raising interest rates, the longest span since the official cash rate was introduced in the early 1990s. Indeed, on Melbourne Cup … Continue reading

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One-in-four part-time workers underemployed

Queensland’s relatively weak labour market is reflected not only in the unemployment rate of 6.5%, but in a relatively high rate of underemployment, with around one-in-four part-time workers in Queensland underemployed (i.e. preferring to work more hours than they actually … Continue reading

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