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Top related persons:
Bjorn Jarvis - 2 Wayne Cole - 2 David Gray - 1 Kim Coghill - 1 Jacqueline Wong - 1 Jarvis - 1 Stephen Coates - 1
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Reserve Bank of Australia - 2 Thomson - 2 REUTERS - 1 Rights - 1 Australian Bureau - 1 Statistics - 1 SYDNEY - 1 Australian Bureau of Statistics - 1

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4 mentions found


☆ Australia employment rebounds in Oct, jobless rate still edges up
  + stars: | 2023-11-16 | by ( Wayne Cole | ) www.reuters.com   time to read: +2 min
A worker pushes a trolley loaded with goods past a construction site in the central business district (CBD) of Sydney in Australia, March 15, 2018. REUTERS/David Gray/File Photo Acquire Licensing RightsSYDNEY, Nov 16 (Reuters) - Australia employment rebounded strongly in October, after a soft patch the previous month, though the jobless rate still ticked higher as more people went looking for work and rapid migration boosted the supply of labour. Figures from the Australian Bureau of Statistics on Thursday showed net employment rose 55,000 in October from September, more than double market forecasts of 20,000. The jobless rate edged up to 3.7%, matching forecasts and largely due to a jump in the participation rate back to an all-time peak of 67%. Over the year to October, jobs growth of a healthy 2.8% was still not enough to match labour force growth of 3.8%.
Persons: David Gray, Bjorn Jarvis, Wayne Cole, Kim Coghill, Jacqueline Wong Organizations: REUTERS, Rights, Australian Bureau, Statistics, Reserve Bank of Australia, Thomson Locations: Sydney, Australia
☆ Australia job vacancies fall 2% in May qtr, still historically high
  + stars: | 2023-06-29 | by ( ) www.reuters.com   time to read: +1 min
SYDNEY, June 29 (Reuters) - Job vacancies in Australia fell in the three months to May, the fourth straight quarter of decline, but were still far above pre-pandemic levels as demand for labour remains strong. Figures from the Australian Bureau of Statistics (ABS) out on Thursday showed vacancies in the May quarter fell 2.0%, from the previous quarter, to 431,600. "This May saw businesses continuing to report difficulties in recruiting and retaining staff," said Bjorn Jarvis, ABS head of labour statistics. "This highlights the impact of a tight labour market on a broad range of businesses," said Jarvis. Thursday's data showed vacancies in the private sector fell 2.3% in the May quarter, while the public sector saw a rise of 0.3%.
Persons: Bjorn Jarvis, Jarvis, Wayne Cole, Stephen Coates Organizations: SYDNEY, Australian Bureau of Statistics, Reserve Bank of Australia, Thomson Locations: Australia
☆ Australian job vacancies fall 1.5% in Feb quarter, still high historically
  + stars: | 2023-03-30 | by ( ) www.reuters.com   time to read: +1 min
SYDNEY, March 30 (Reuters) - Job vacancies in Australia eased in the three months to February, the third straight quarter of decline, but still far above pre-pandemic levels in a sign of a still tight labour market. Figures from the Australian Bureau of Statistics (ABS) out on Thursday showed vacancies in the February quarter fell 1.5%, from the previous quarter, to 438,500. "There is still a very high demand for labour from employers across Australia and across all industries," said Bjorn Jarvis, ABS head of labour statistics. Thursday's data showed vacancies in the private sector dipped 1.5% in the February, while the public sector saw a drop of 1.4%. The number of vacancies was highest in public administration followed by the accommodation and food sector, health care and education.
☆ Australia employment rebounds in Feb, jobless drops back to near 50-yr lows
  + stars: | 2023-03-16 | by ( Stella Qiu | ) www.reuters.com   time to read: +2 min
SYDNEY, March 16 (Reuters) - Australia employment rebounded strongly in February after two months of declines, while the jobless rate fell back to near 50-year lows, suggesting the country's labour market remained tight amid a slew of interest rate hikes by the central bank. Figures from the Australian Bureau of Statistics (ABS) showed on Thursday that net employment rose 64,600 in February from January, when they fell a revised 10,900. The jobless rate dropped to 3.5%, from 3.7%, when analysts had looked for a dip to 3.6%, while hours worked jumped by 3.9% in another signal of resilience. Full-time employment soared by 74,900 jobs in February, compared with a drop of 43,300 the previous month. That prompted investors to price out any chance of another rate hike from the Reserve Bank of Australia.
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