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News
There were nearly 500,000 jobs available in May – more than double the number recorded in February 2020 before the onset of the COVID-19 pandemic, according to new Australian Bureau of Statistics data.
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News
South Australia’s unemployment rate has been reinforced as the nation’s highest after climbing to 5 per cent in February, despite the national rate falling to 4 per cent – the lowest level since 2008.
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South Australia’s jobless rate has risen sharply to 4.8 per cent from last month’s record low to again be the worst in the nation, while youth unemployment also jumped.
South Australian retail spending slumped by $84 million in December – the biggest monthly decline since the beginning of the coronavirus pandemic – as the Omicron surge curtailed the traditional Christmas shopping frenzy.
South Australia’s unemployment rate has fallen below four per cent for the first time since records began in 1978, despite a decrease in the total number of people in work.
Retail sales in Australia soared by 7.3 per cent in November after last year’s easing of COVID-19 restrictions, but there are signs the subsequent emergence of the Omicron variant has since curbed spending.
