Employment

Fall in employment accelerates as lockdowns continue

Jodie Patron, KPMG Senior Economist, responds to ABS August jobs data

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Lowest unemployment figures for 13 years disguise a country divide. June improvement reversed by July lockdowns

The latest ABS jobs data shows state variations, driven by the latest COVID-19 lockdowns which have again divided the economy.

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Jodie Patron, Senior Economist, KPMG, comments on today’s unemployment figures

The headline of today’s ABS jobs figure is very positive – the lowest unemployment rate for a decade.

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KPMG Chief Economist, Dr Brendan Rynne comments on today’s employment figures

While KPMG anticipate job losses will occur as a consequence of the wage subsidy programme ending, we are not expecting to see job figures ‘falling off a cliff’ next month either.

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KPMG Chief Economist, Dr Brendan Rynne, comments on today’s ABS data on unemployment and population

Overall, we believe the unemployment rate will stay around its new level for the next few months as the economy consolidates and handles the transition out of high levels of government support to the business sector.

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KPMG Chief Economist Dr Brendan Rynne comments on today’s speech by RBA Governor and the ABS labour figures

Today’s Labour Force survey shows that the Australian economy was continuing to recover in September despite the unemployment rate ticking up to 6.9 percent.

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Dr Brendan Rynne, Chief Economist comments on the latest ABS Labour force data

While these are a “beautiful set of numbers” we already know this rebound in employment is not likely to last into July because of the re-imposition of lockdown restrictions in Melbourne

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Dr Brendan Rynne, KPMG Chief Economist, comments on the ABS labour force survey

The ABS figures show the labour market deteriorated through May, consistent with expectations that the Australian economy was in the midst of a sharp contraction due to the coronavirus shutdown.

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The things I wasn’t told about getting the best out of my graduate program

Everyone’s graduate experience is difference but the lessons I learnt, and now see played out in others, are worth sharing.

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Seize the day: back to work incentives in Queensland suffer from lack of awareness

The state government has allocated $150m to regional Queensland and $27.5m in Brisbane and SE Queensland, for its Back to Work scheme, which follows similar moves made in recent years by other states.

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In the age of automation will jobs really matter?

In the Age of Automation: Will Jobs Really Matter? James Mabbott shifts the debate from what type of jobs will still exist in the future, to what kind of society we want to have.

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The ins and outs of internships: an important experience but be mindful of the law

“The Intern” is a 2015 movie about widowed retiree Ben Whittaker, who lands a job as a “senior intern” with an online fashion site. In true Hollywood style, Ben faces…

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