Today’s Australian Bureau of Statistics (ABS) labour force figures, reinforce the underlying structural problems of high underemployment and stagnant wages growth under this Liberal Government.
Unemployment increased to 5.1 per cent, while underemployment increased to 8.5 per cent. There are now more than 1.8 million Australian looking for work or more work, but unable to find it.
Of concern, the youth unemployment rate, which is more than double the national average, also increased, to 11.5 per cent.
When private sector wages growth is struggling to keep up with the cost of living, at 2.1 per cent, Australian are feeling the pinch this Christmas.
It’s clear that Scott Morrison and Kelly O’Dwyer are so out of touch that they have no idea what too many Australian workers are experiencing – insecure work, stagnant wages and skyrocketing costs of living pressures.
When it comes to secure jobs with decent wages, Australians know that they only party they can trust is Labor.