Youth labour market continues to worsen

Friday, 16 August 2019

Yesterday’s ABS labour force release for July revealed a deteriorating Australian youth labour market – i.e. those aged 15 to 24 years old – with both full-time and total jobs growth falling and unemployment and underemployment rising.

The trend headline unemployment rate rose to 12.0%:

Total employment growth for those aged 15-24 years has dived:

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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.