Youth labour market starts to turn down

Friday, 17 August 2018

Yesterday’s ABS labour force release for July revealed a softening Australian youth labour market – i.e. those aged 15 to 24 years old – as both full-time and part-time jobs growth weakens.

While the trend headline unemployment rate crashed to 11.13% in July from 11.45% in June:

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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.