The unemployment rate is set to climb to 5.3 per cent by December as people seek to re-enter the workforce.
Here are some key facts about the job market, including what you need do to find your next job.
What are the job vacancies?
What do you need in order to find work?
What can you expect to earn as a result of finding a job?
How much do you earn?
What kind of job will you be able to hold on to for 12 months?
What are your chances of finding work?
The Job Market in 2018 1.7 million people are looking for work in the private and public sectors, with the unemployment rate set to rise to 5 per cent.
That is more than double the rate of the previous two years.
2.1 million people, or about one in three Australians, are unemployed, according to the Bureau of Statistics.
3.1 per cent of Australians are employed part-time or casual and in this year’s labour force of almost 14.7 per cent are working on temporary contracts.
4.2 million Australians are in the public sector, but only 1.5 million are full-time employees.
5.5 per cent or 990,000 people are unemployed because they do not have a job.
6.1million Australians, or one in four people, are employed full- time.
7.4million people are employed casual, with around 2.2million in this category.
8.1per cent of people are not employed because they are looking to start a family.
9.5million people, including 1.9million people aged over 65, are aged out of the workforce because they cannot find work.
1 in 10 Australians are unemployed as a percentage of the total workforce.
2,895,000 Australians are currently employed full time.
3,726,000 are employed in the casual sector.
4,857,000 jobs in the formal sector are in temporary contracts, with 1,099,000 being temporary contracts or casual workers.
5,931,000 of these jobs are in retail and food services, with 567,000 in hospitality and hospitality and food service.
The Bureau of Labor Statistics says there are more than 1.8 million full- and part- time jobs in Australia.
The unemployment figures show there were more than 8 million jobs available to people aged 16 to 64 in December, up from 744,000 the previous month.
What you can do to improve your chances 1.
Seek out a job with a competitive salary offer.
If you can find work for less than the current average wage you can take on a job at a higher salary or offer your own.
This will reduce your total compensation.
If this does not help you, try to find other ways to get paid more. 2