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Job switching

By Louise Chan · December 27 2019
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Job switching

Job switching

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By Louise Chan · December 27 2019
Reading:
egg
Job switching

INFOGRAPHIC: According to the Australian Bureau of Statistics, there were 12.7 million employed individuals in Australia in February 2019. This makes up about two-thirds of the population aged 15 and over.

Job switching infographic
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Underemployment

About 1 million part-timers make up the 9 per cent (1.1 million) who are underemployed, but less than half (49.6 per cent) of underemployed workers actively looked for additional hours and income.

As of the February 2019 statistics, 45.9 per cent of part-timers have been underemployed for over a year.

Job switching

In the months leading up to February 2019, 8.5 per cent of employed persons switched their employment or business. The most job switches were done by professionals (20 per cent) and community and personal service workers (over 10 per cent).

Compared with February 2015, which registered a 7.9 per cent job-switching activity, the trend leading up to February 2019 reveals that the number of people who switch jobs continue to rise.

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The only upside is that the overall levels of job switching across all professions are still low compared with the 2008 statistics.

Unemployment

Among the reported 677,000 unemployed people, 87.8 per cent said they found it difficult to find work. Commonly-cited reasons for difficulties have included insufficient work experience, transportation problems or issues with health or disability.

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About the author

Louise is a content producer for Momentum Media’s nestegg who likes keeping up-to-date with all the ways people can work towards financial stability in 2019. She also enjoys turning complex information into easy-to-digest, practical tips to help those who want to achieve financial independence.

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We Translate Complicated Financial Jargon Into Easy-To-Understand Information For Australians

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About the author

Louise is a content producer for Momentum Media’s nestegg who likes keeping up-to-date with all the ways people can work towards financial stability in 2019. She also enjoys turning complex information into easy-to-digest, practical tips to help those who want to achieve financial independence.

Join The Nest Egg community

We Translate Complicated Financial Jargon Into Easy-To-Understand Information For Australians

Your email address will be shared with nestegg and subject to our Privacy Policy

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