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Yesterday’s employment report from the Australian Bureau of Statistics (ABS) revealed that Australia’s youth – defined as those aged 16 to 24 – have been hit hard by lockdowns.
Total youth jobs fell 81,300 in September, driven by an 83,600 reduction in part-time jobs, partly offset by a 2,300 increase in full-time jobs.
Accordingly, youth jobs are down 162,600 from their pre-COVID peak with full-time jobs down 31,600 and part-time jobs down 131,000:
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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.