Finding a job is now twice as competitive, new study finds

A new study has shown that finding a job in Australia is twice as competitive as the beginning of the year, despite the job market improving.  With the unemployment rate being the highest it has been since 1998, many Australians now find themselves searching for work. The study by LinkedIn shows that while the job market… Continue reading Finding a job is now twice as competitive, new study finds

Ideal jobless rate ‘some time away’: RBA

Reserve Bank of Australia board members agreed back-to-back cash rate cuts were necessary to eat into spare labour market capacity, but a high participation rate and an expanding working age population means it will take “some time” to achieve the ideal jobless rate.  Minutes from the RBA’s July 2 meeting show members agreed a consecutive… Continue reading Ideal jobless rate ‘some time away’: RBA