Youth labour market: still sick, but improving

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By Leith van Onselen

Yesterday’s ABS labour force release for May revealed a weakening Australian youth labour market – i.e. those aged 15 to 24 years old.

The trend headline unemployment rate fell to 12.17% in May from 12.28% in April:

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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.