Yesterday’s ABS labour force release for November revealed a further rapid deterioration in labour market conditions for those aged 15 to 24 years old.
While the headline unemployment rate rose only marginally to 13.05% from 13.02% in October:
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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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