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Business and Money

Unemployment is staying low at 3.5%. But for those out of work, here's why it's become harder to get a job

  • Written by Jeff Borland, Professor of Economics, The University of Melbourne
Unemployment is staying low at 3.5%. But for those out of work, here's why it's become harder to get a jobShutterstock

Slower employment growth, faster population growth and a steady rate of unemployment are the main stories from the Bureau of Statistics’ labour force update, released on Thursday.

Employment climbed by 32,600 between May and June, while the population grew 49,900. The rate of unemployment (happily) remains fixed at 3.5 per cent,...

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