Youth labour market recovery stalls

The Australian Bureau of Statistics (ABS) yesterday released labour market data for the month of January, which reveals that the youth labour market (i.e Australians aged 15-24) continues to recover at a much slower pace than the broader market.

Australia’s youth unemployment rate was 13.9% in January, the same as December. This compares to an unemployment rate of 5.0% across the rest of the labour market.

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