Australia’s love affair with high-quality food has fueled huge demand for skilled chefs able to deliver the kinds of meals so often seen on Australian television.
Australian workers are increasingly employed on a part-time basis. Over the past decade, half of all new jobs have been part-time. While some workers prefer part-time work, the increase overwhelmingly reflects weak economic conditions. Younger Australians have been affected most.
Graduate job opportunities rose slightly in 2018, consolidating the massive gains in 2017
The Australian labour market continued its gradual improvement throughout 2018, underpinned by strong growth in full-time jobs and greater opportunity for younger workers. But falling property prices and an uncertain trade outlook threaten to slow growth in 2019.
A somewhat mixed labour force report to end the year, with participation reaching a new record high but no improvement in underemployment or the underutilisation rate.
Even though the labour market is now getting better, wages aren’t rising as much as in past periods of improvement.