Yesterday’s ABS labour force release for December revealed a further rapid deterioration in labour market conditions for those aged 15 to 24 years old.
As the headline unemployment rate continued to rise, from 13.12% in November to 13.19%:
Youth labour market continues to deteriorate
Leith van Onselen
Friday, 20 January 2017
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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