Job loss data nears grim milestone

Almost one million jobs were lost between the March and June quarters according to the latest Australian Bureau of Statistics figures.

Total filled jobs fell by 6.4 per cent and hours worked fell by 9.8 per cent between the March and June quarters.

“The Labour Account provides the most comprehensive measure of total job losses during the COVID-19 period – a fall of around 932,000 jobs,” ABS spokesperson Bjorn Jarvis said.

“This echoes what we have previously seen in falls of employment in Labour Force Survey data and changes in jobs in the indexed payroll data.”

The record decrease in filled jobs followed a small decrease of 0.1 per cent in the March quarter. The decrease between March and June was more pronounced in the private sector (down 7.1 per cent), compared to the public sector (down 1.9 per cent).

The number of secondary jobs in the labour market decreased by 19.6 per cent, with the rate of multiple job holding falling to 4.9 per cent of all employed people (from around 6.0 per cent prior to the COVID-19 period).

The number of job vacancies decreased by 42.1 per cent over the quarter, and was down 43.3 per cent on June quarter 2019. Vacant jobs accounted for 0.96 per cent of all jobs in the June quarter, the lowest since March 2002.

“In line with the impact seen in other indicators, the largest declines in hours worked since the March quarter were in the accommodation and food services industry, down 36.0 per cent, and arts and recreation industry, down 35.5 per cent,” Mr Jarvis said.

Have you lost your job as a result of the pandemic? Do you expect to rejoin the workforce? Or have you been forced into an early retirement?

1 comments

This is an extremely sad situation. Although I am not affected by job loss, my heart goes out to people who have been left without one.

The road back to recovery is a long and hard one..my fear is some people may not be strong enough mentally to undertake that journey.

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