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Why you may soon receive a pay rise - MacroBusiness - Vimarsana News

Why you may soon receive a pay rise - MacroBusiness

MacroBusiness Access Subscriber Only Content at 9:40 am on April 20, 2021 | 2 comments The loss of 500,000 temporary migrants and the closure of Australia’s international border to foreign workers has done a wonderful thing for Australia’s labour market – it has pushed the underemployment rate to its lowest level since June 2014, as revealed in last week’s March labour market release from the Australian Bureau of Statistics (ABS): Australia’s underemployment rate has fallen to a seven year low. Historically, Australia’s underemployment rate has shown a very strong correlation with...