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Jobs for workers under 20 rise, fall for everyone else

  • October 21 2020
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Jobs for workers under 20 rise, fall for everyone else

By Cameron Micallef
October 21 2020

Payroll data has shown workers under the age of 20 are experiencing wage growth rises, while older Australians are seeing their wages fall.

Jobs for workers under 20 rise

Jobs for workers under 20 rise, fall for everyone else

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  • October 21 2020
  • Share

Payroll data has shown workers under the age of 20 are experiencing wage growth rises, while older Australians are seeing their wages fall.

Jobs for workers under 20 rise

Payroll jobs across Australia fell by 0.9 of a percentage point across the fortnight to 3 October, on the back of a decline in all the states and territories between 19 September and 3 October, data from the ABS has shown, hinting a negative trend possibly sparked by JobKeeper cuts.

“All states and territories reported a fall in payroll jobs in late September, ranging from a 1.2 per cent decrease in the Northern Territory to a 0.7 [of a percentage point] decrease in South Australia,” said Bjorn Jarvis, head of labour statistics at the ABS.

However, when considering the data from the start of COVID-19, nationally, payroll jobs have declined by 4.1 per cent, with Victoria making the most significant contribution on the back of a 7.7 per cent loss.

Since the week ended 14 March 2020, the largest changes across industry were in accommodation and food services where a decrease of 17.4 per cent has been registered, followed by arts and recreation services with a drop of 12.9 per cent. 

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Returning to data from the most recent fortnight, Mr Jarvis pointed to an alarming trend.

“The fall in payroll jobs in late September was seen across all groups of people aged over 20, with an increase in jobs during this period limited to those under 20,” Mr Jarvis said.

Namely, people aged 20 to 49 accounted for almost two-thirds (65 per cent) of payroll jobs prior to COVID-19. But in the fortnight to 3 October, payroll jobs worked by this age group decreased by around 1 per cent — nationally and within most states and territories.

On a more positive note, the ABS data points to a recovery in female-worked jobs.

At the start of the pandemic, women were more impacted than men when it came to job losses and wage cuts.

However, jobs worked by men decreased by 5 per cent since March, while jobs worked by women decreased by 4.2 per cent.

Jobs for workers under 20 rise, fall for everyone else
Jobs for workers under 20 rise
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About the author

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Cameron is a journalist for Momentum Media's nestegg and Smart Property Investment. He enjoys giving Aussies practical financial tips and tricks to help grow their wealth and achieve financial independence. As a self-confessed finance nerd, Cameron enjoys chatting with industry experts and commentators to leverage their insights to grow your portfolio.

About the author

Cameron is a journalist for Momentum Media's nestegg and Smart Property Investment. He enjoys giving Aussies practical financial tips and tricks to help grow their wealth and achieve financial independence. As a self-confessed finance nerd, Cameron enjoys chatting with industry experts and commentators to leverage their insights to grow your portfolio.

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