Opposition vows to fix incentives in government scheme that small businesses say is not delivering
Labor plans to dramatically overhaul the employment services system Jobactive, saying it is incentivising job providers to churn unemployed people through unsuitable jobs, and flooding businesses with disingenuous job applications.
Terri Butler, the shadow spokeswoman for employment services, says labour market programs are supposed to connect unemployed Australians with decent, stable jobs, but...
After the Job Openings and Labor Turnover Survey (JOLTS) reported record prints for virtually every notable labor market series in the late summer, there has been a notable slowdown in the labor market, and according to the BLS, after an upward revision in the October job openings from 7.079MM to 7,131MM, in November this number tumbled by 243K to 6.688 million, the lowest number since last June.
Despite the decline in job openings, this will still be the 9th consecutive month in which there...
December jobs report: Employment up significantly; unemployment rate up slightly as more people enter labor force
The number of people employed in the United States increased in the month of December, but the unemployment rate also rose slightly.What did the jobs report say?According to the Bureau of Labor Statistics, nonfarm payroll employment increased last month by 312,000. However, during the same time period unemployment rose to 3.9 percent, an increase from 3.7 percent in November but lower than the 4.1 percent unemployment rate for December 2017.Payroll employment increases by 312,000 in December;...