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Australian unemployment increases in April to 9.7% – overall labour under-utilisation at highest since October 2020

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Australian unemployment increases in April to 9.7% – overall labour under-utilisation at highest since October 2020

 

In April 2024, Australian ‘real’ unemployment increased 177,000 to 1,535,000 (up 1% to 9.7% of the workforce) despite overall employment remaining near its all-time high at over 14.2 million.

In addition to the increase in unemployment, there was also a slight increase in under-employment, up 18,000 to 1,594,000. These combined increases mean a massive 3.13 million Australians (19.8% of the workforce, up 1%) were unemployed or under-employed in April – the highest level of total labour under-utilisation for over three years since October 2020 (3.15 million) during the early months of the pandemic.

The April Roy Morgan Unemployment estimates were obtained by surveying an Australia-wide cross section of people aged 14+. A person is classified as unemployed if they are looking for work, no matter when. The ‘real’ unemployment rate is presented as a percentage of the workforce (employed & unemployed).

  • Overall employment remains near all-time record high at over 14.2 million in April:

Australian employment was down slightly by 35,000 to 14,232,000 in April. A significant fall in part-time employment drove the decrease, down 261,000 to 4,903,000 while full-time employment increased by 226,000 to 9,329,000.

  • Unemployment increased in April with 177,000 more Australians looking for work:

In April 1,535,000 Australians were unemployed (9.7% of the workforce, up 1%), an increase of 177,000 from March driven by more people looking for both full-time and part-time work. There were 669,000 (up 74,000) looking for full-time work and 866,000 (up 103,000) looking for part-time work.

  • Overall unemployment and under-employment increased by 1% to 19.8% in April:

In addition to the unemployed, a further 1.59 million Australians (10.1% of the workforce) were under-employed, i.e. working part-time but looking for more work, up 18,000 from March. In total 3.13 million Australians (19.8% of the workforce) were either unemployed or under-employed in April.

  • Comparisons with a year ago show rapidly increasing workforce driving employment growth:

The workforce in April was 15,767,000 (up 142,000 from March and up a massive 717,000 from a year ago) – comprised of 14,232,000 employed Australians (down 35,000 from a month ago) and 1,535,000 unemployed Australians looking for work (up 177,000 from a month ago).

Although unemployment and under-employment remain high at 3.13 million – the highest combined figure since October 2020 during the early months of the pandemic, there has been a surge in employment over the last year – up by a large 418,000 to a near record high of 14,232,000.

ABS Comparison

Roy Morgan’s unemployment figure of 9.7% is more than double the ABS estimate of 3.8% for March but is approaching the combined ABS unemployment and under-employment figure of 10.3%.

The latest monthly figures from the ABS indicate that the people working fewer hours in March 2024 due to illness, injury or sick leave was 537,100. This is around 146,000 higher than the pre-pandemic average of the five years to March 2019 (391,300) – a difference of 145,800.

If this higher than pre-pandemic average of workers (145,800) is added to the combined ABS unemployment and under-employment figure of 1,541,200 we find a total of 1,687,000 people could be considered unemployed or under-employed, equivalent to 11.4% of the workforce.

Roy Morgan Single Source January 2019 – April 2024

Source: Roy Morgan Single Source January 2019 – April 2024. Average monthly interviews 5,000.
Note: Roy Morgan unemployment estimates are actual data while the ABS estimates are seasonally adjusted.

Michele Levine, CEO Roy Morgan, says total Australian unemployment or under-employment has increased to its highest in over three years at 3.13 million in April – 19.8% of the workforce – with over 1.5 million people either unemployed or under-employed:

“The latest Roy Morgan employment estimates for April show total Australian unemployment or under-employment (also known as labour underutilisation) has increased 195,000 to 3,129,000 (19.8% of the workforce, up 1%). ’Real’ unemployment increased 177,000 to 1,535,000 (9.7% of the workforce) and under-employment increased by 18,000 to 1,594,000 (10.1%).

“This is the first time in over a year that both unemployment and under-employment have increased in the same month with the two usually moving in opposite directions. The increase means overall labour under-utilisation is now at its highest for over three years since October 2020 (3.15 million) during the early days of the pandemic.

“The labour force has experienced rapid change over the last year with a large increase in population (+717,000) – a rate almost three times higher than the average annual population growth over the last 25 years of 287,000. This population increase has been the driver of a growing workforce, up by 667,000 to a record high of over 15.7 million in April 2024.

“In turn, the increasing workforce has led to large rises in both employment, up 418,000 to over 14.2 million, and unemployment, up 249,000 to 1,535,000. As well as unemployment increasing 249,000, under-employment is up by 254,000 – a combined figure of 503,000 more Australians either unemployed or under-employed than a year ago in April 2023.

“The figures show that although new jobs are being created, there are not enough jobs being created to soak up the nearly 700,000 people who joined the workforce over the last year and increasing numbers of Australians are becoming unemployed or under-employed.”

“The sustained increase in unemployment and under-employment over the last year shows the labour market is struggling to provide the right jobs for all those joining the workforce. Tackling this continuing high level of unemployment and under-employment must be the number one priority for the Federal Government which is due to hand down a pre-election Federal Budget this week.”

This Roy Morgan survey on Australia’s unemployment and ‘under-employed’* is based on weekly interviews of 974,626 Australians aged 14 and over between January 2007 and April 2024 and includes 6,020 telephone and online interviews in April 2024. *The ‘under-employed’ are those people who are in part-time work or freelancers who are looking for more work.

 

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Workforce barriers tripping up young Australians and how to overcome them

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Workforce barriers tripping up young Australians and how to overcome them

 

Only half of young people feel confident in achieving their current or future career aspirations due to workforce barriers, new research has found.

This, coupled with a youth unemployment rate of 9.7% as of May 20242, underscores the critical need for targeted support and resources to equip young individuals with the foundational skills essential for navigating today’s complex job market.

For young people, particularly those from marginalised groups like Indigenous youth and women, there are additional barriers that exacerbate the challenge in securing employment and advancing careers including things like systemic inequities, limited access to quality education and training as well as pervasive social biases.

For example, recent studies have shown that 37% of women working in predominantly male environments report experiencing gender-based competence challenges3.

Employment services provider atWork Australia is addressing these challenges head-on by spotlighting the empowerment of young talent in preparation for World Youth Skills Day on 15 July, providing comprehensive support to young individuals, ensuring they have the necessary skills and assistance to confidently enter the workforce.

Over the last year, atWork Australia has supported over 7,300 young people (aged 25 years or younger) on their individual employment journey across metropolitan and regional Australia. Trends show that hospitality, warehousing and retail are the most appealing industries for young people to seek out. atWork Australia celebrates and applauds youth transition to all industries as each individual embarks on their employment and career journey.

One inspiring example is atWork Australia client, 18-year-old Yasmine, a determined Indigenous young woman from Mount Druitt, New South Wales. Through atWork Australia’s guidance, Yasmine defied odds and successfully entered the traditionally male-dominated mechanical industry.

Yasmine’s journey, starting from when she left school in Year 10, it reflects her resilience in overcoming significant challenges. Initial barriers included securing additional work hours and attending appointments due to financial constraints. Yasmine found crucial support from atWork Australia for emotional, mental and educational barriers as well as practical needs like food vouchers and travel costs4.

“atWork Australia has been a tremendous support for me,” Yasmine shared. “They kept me informed about job opportunities and reached out to discuss potential roles. It was empowering to be able to communicate my interests and preferences directly to them.”

Navigating her way through interviews and her initial week on the job, Yasmine benefitted from the guidance of atWork Australia’s Indigenous Connections team, who provided essential mentorship and support.

Despite encountering scepticism and doubts as a woman in a male-dominated field, Yasmine persevered, impressing her colleagues with her skills and determination.

“At 18, there were moments of self-doubt, especially being an 18-year-old female in this industry, but with atWork Australia’s unwavering support, I gained confidence and pushed through,” Yasmine reflected.

atWork Australia will continue to assist Yasmine until she feels fully settled in her new role and is committed to supporting her journey towards achieving her long-term goal of saving for a house deposit.

Yasmine’s story exemplifies the transformative impact of tailored support and mentorship in empowering young individuals to thrive in challenging environments.

atWork Australia is dedicated to providing comprehensive support to young individuals, ensuring they have the necessary skills and assistance to confidently enter the workforce.

To find out more about atWork Australia’s support services, please visit: www.atworkaustralia.com.au. Additionally, you can listen to any of the podcasts from the ‘Candid Conversations with Shaun Pianta’ podcast series here where atWork Australia Brand Ambassador and Paralympian, Shaun Pianta, speaks about his employment journey, following a life-changing holiday.

 

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Scrap Metal Company and Directors Fined for Mass Limit Breaches

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Scrap Metal Company and Directors Fined for Mass Limit Breaches

 

A Melbourne-based scrap metal company and its three directors have been fined for failing to manage legal mass limits after an investigation uncovered 69 mass limit breaches over two years.

The National Heavy Vehicle Regulator (NHVR) Safety and Compliance Officers intercepted one of the company’s heavy vehicles in April 2021, discovering it was loaded at 120.42% of the prescribed mass limit.

Subsequent investigations revealed 69 mass limit breaches, including 24 severe risk breaches, defined as loads at 120% or more of the mass limit. The company pleaded guilty to a Category 1 offence under the Heavy Vehicle National Law (HVNL) and was fined $180,000.

The three directors also pleaded guilty to failing to exercise due diligence and ensure transport safety, receiving fines of $8,500, $7,000, and $7,000, respectively.

NHVR Acting Director of Prosecutions Elim Chan emphasised the dangers of overloaded heavy vehicles. “Heavy vehicles loaded beyond their prescribed mass limits pose serious public safety risks by compromising stability, steering, performance, and braking capability,” Ms. Chan said.

She stressed the importance of proper systems and training to ensure compliance with the HVNL and protect both drivers and the public.

The NHVR offers online tools and guides to assist with loading requirements. For resources, visit NHVR Loading Guides View the resources.

 For more information on NHVR prosecutions, visit NHVR Prosecutions.

 

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In June Australian unemployment dropped to 8.3%; lowest unemployment since September 2022

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In June Australian unemployment dropped to 8.3%; lowest unemployment since September 2022

 

In June 2024, Australian ‘real’ unemployment dropped 62,000 to 1,307,000 (down 0.4% to 8.3% of the workforce). This is the lowest rate of unemployment for nearly two years since September 2022 although overall employment is virtually unchanged above 14.3 million.

Although unemployment decreased in June as people left the workforce, under-employment increased by a similar amount in the month, up 65,000 to 1,403,000. Taken together overall unemployment and under-employment in June is virtually unchanged at 2.7 million (17.3% of the workforce).

The June Roy Morgan Unemployment estimates were obtained by surveying an Australia-wide cross section of people aged 14+. A person is classified as unemployed if they are looking for work, no matter when. The ‘real’ unemployment rate is presented as a percentage of the workforce (employed & unemployed).

  • Overall employment reaches virtually unchanged in June near record high above 14.3 million:

Australian employment was virtually unchanged at 14,307,000 (down 3,000) in June. There was a shift to more part-time employment though with 4,941,000 (up 72,000) now employed part-time while full-time employment was down 75,000 to 9,366,000. Increasing part-time employment is often associated with a rise in under-employment – which increased by 65,000 in June.

  • Unemployment decreased for a second straight month in June to its lowest for over a year:

In June 1,307,000 Australians were unemployed (8.3% of the workforce, down 0.4%), a decrease of 62,000 from May and the lowest level of unemployment for over a year since May 2023 (1,258,000). It is also the lowest rate of unemployment for nearly two years since September 2022 (8.1%).

The fall in unemployment was driven by fewer people looking for full-time work, down 131,000 to 469,000 while there was an increase in those looking for part-time work, up 69,000 to 834,000.

  • Overall unemployment and under-employment was virtually unchanged at 17.3% in June:

In addition to the unemployed, a further 1.4 million Australians (9% of the workforce) were under-employed, i.e. working part-time but looking for more work, up 65,000 from May. In total 2.7 million Australians (17.3% of the workforce) were either unemployed or under-employed in June.

  • Comparisons with a year ago show rapidly increasing workforce is driving employment growth:

The workforce in June was 15,610,000 (down 65,000 from May, but up 404,000 from a year ago) – comprised of a near record high 14,307,000 employed Australians (virtually unchanged from a month ago but up a massive 673,000 from a year ago) and 1,303,000 unemployed Australians looking for work (down 62,000 from a month ago and down 269,000 from a year ago).

 

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