Australia’s mass immigration economy is holding down wages

The ABS yesterday released its Participation, Job Search and Mobility survey, which reported that long-term underemployment in Australia has increased significantly over the past decade:

“Over one million Australians were underemployed in 2019. That is, they wanted to work more hours and were available to work those extra hours. This was 8.2 per cent of the total labour force, up from 7.6 per cent in 2009.”

”Forty-six per cent of underemployed workers in 2019 reported that they had been working insufficient hours for a year or longer – with the median duration of underemployment now at 39 weeks, up from 26 weeks back in 2009”…

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