Australia's Job Crisis: 3M Unemployed or Underemployed
Update: 2025-12-11
Description
Australias employment landscape remains grim, with over 3 million people either unemployed or underemployed for the past year, according to Roy Morgans study. The real unemployment rate, including underemployed workers, stands at 10%, while an additional 1.7 million shadow workers seek more hours. The combined total of unemployment and underemployment increased by 54,000 last month, reaching 3.3 million people, or 21% of the workforce. Full-time and part-time employment have both decreased, indicating a struggle in job creation. Low productivity within the economy is blamed for this stagnation.
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