Google AI
The Times Australia
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,...

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

Business Times

The Australian Government will hand down the 2026/27 Federal Budget on Tuesday 12 May, and with cost-of-living pressures st...

GraceX Launches Psychological Safety Platform as Psychological I…

Australia’s approach to workplace mental health has entered a  new and consequential chapter. Work Health and Safety (WHS)  r...

Rethinking the Low-Cost Airline Model After Spirit Airlines and B…

For decades, low-cost airlines promised something revolutionary: strip out the frills, pack the planes, and make air travel...

The Times Features

A Maple‑Infused World Cocktail Day: Cocktails & Moc…

With World Cocktail Day coming up on the 13th of May, many people will be looking for fresh ideas ...

Australian mum creates Sandy Baby wipes to remove sand …

I’m Yaz, founder and mumma behind Sandy Baby®, an Australian designed and owned brand that was cre...

Behaviour Can Be Influenced by Hormonal Imbalance

Human behaviour is often viewed through a social or psychological lens. We talk about stress, pers...

Credit Card Surcharges Are Ending: What the Changes Mea…

Australians have become accustomed to the small but irritating moment that often arrives at the ch...

Australia’s East Coast Braces for Wet Week as Weather P…

Large sections of Australia’s east coast are preparing for a significant period of wet weather as ...

The Inland Rail Dream Scaled Back: What Happened to One…

The Inland Rail project was once promoted as one of the most transformative infrastructure initiat...

Defending Australia: AUKUS, Submarines and the Biggest …

Australia is embarking upon one of the largest defence expansions in its modern history. Driven b...

Politics Has Become a Leadership Contest. Americans Cho…

Modern politics may be undergoing a profound transformation. For generations, elections were ofte...

One Nation Policies Are Resonating. Rather Than Mock Th…

Australian conservative politics is entering a period of strategic uncertainty. For years, the Li...