Abstract
The Australian labour market remained in a subdued state during 2014. Participation and employment rates fell, while unemployment and underemployment rates rose. Of the limited employment growth that did occur, most was in the part-time workforce and concentrated on prime-aged and older workers. After exhibiting serious weakness in 2013, the youth labour market deteriorated further in 2014. A rise in job vacancies was a sign of possible improvement, but employers’ confidence has not yet recovered to nearly the extent necessary to end the labour market slowdown of recent years.
| Original language | English |
|---|---|
| Pages (from-to) | 348-365 |
| Number of pages | 18 |
| Journal | Journal of Industrial Relations |
| Volume | 57 |
| Issue number | 3 |
| DOIs | |
| Publication status | Published - 8 Jun 2015 |
Keywords
- Australian economy
- minimum wage
- participation
- pay
- productivity
- unemployment
