Youth underemployment surges to record high 18.5%

Friday 16 June 2017

Yesterday’s ABS labour force release for May revealed marginally better news for those aged 15 to 24 years old that are looking for a job.

The trend headline unemployment rate fell from 12.86% in April to 12.77%:

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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.