Youth labour market continues to soften
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Yesterday’s ABS labour force release for August revealed a softening Australian youth labour market – i.e. those aged 15 to 24 years old – with both full-time and part-time jobs growth weakening.
While the trend headline unemployment rate fell to 11.16% in September from 11.24% in August:

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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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