Earn
Jobs for workers under 20 rise, fall for everyone else
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, fall for everyone else
Payroll data has shown workers under the age of 20 are experiencing wage growth rises, while older Australians are seeing their wages fall.
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.
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.
RELATED ARTICLES
About the author
About the author
Salary
The financial benefits of a diversified income stream
In today’s volatile economic environment, relying solely on a single source of income can be risky. Diversifying your income streams can provide financial stability, reduce the risk of financial ...Read more
Salary
Despite losing top spot, Elon Musk rakes in $400,000 hourly
Elon Musk, the entrepreneur known for his involvement in a wide range of innovative and technological businesses, has recently been dethroned as the wealthiest individual in the world, with Bernard ...Read more
Salary
Rising unemployment and skill shortages prompt Australian businesses to look globally for talent
Australia has witnessed its unemployment rate surging above 4% for the first time in two years, revealed by the latest Labour Force data. Read more
Salary
New findings link job mobility hurdles to stagnant wage growth
Recent research from the e61 Institute has unearthed significant links between slow wage growth in Australia and obstacles to job mobility, including non-compete clauses, complicated occupational ...Read more
Salary
Employers scrambling to prevent workplace brain drain
As workplace managers face a swiftly evolving employment market that’s increasingly favouring the demands of white-collar employees and jobseekers, bosses are falling under mounting pressure to ...Read more
Salary
Unions back Albanese’s pledge to close gender pay gap
An electoral promise from Labor to make gender pay equity an objective of the Fair Work Act has been hailed as a “watershed moment” from industry peak bodies who have traditionally advocated for ...Read more
Salary
Coles asked to disprove $115m in alleged wage theft
One of Australia’s biggest supermarkets faces allegations that it underpaid more than 7,500 employees a total of $115 million. Read more
Salary
Gen Z left behind in progress to gender equality
Women under 25 may emerge from the pandemic in a worse financial position than when it began, new research has shown. Read more
Salary
The financial benefits of a diversified income stream
In today’s volatile economic environment, relying solely on a single source of income can be risky. Diversifying your income streams can provide financial stability, reduce the risk of financial ...Read more
Salary
Despite losing top spot, Elon Musk rakes in $400,000 hourly
Elon Musk, the entrepreneur known for his involvement in a wide range of innovative and technological businesses, has recently been dethroned as the wealthiest individual in the world, with Bernard ...Read more
Salary
Rising unemployment and skill shortages prompt Australian businesses to look globally for talent
Australia has witnessed its unemployment rate surging above 4% for the first time in two years, revealed by the latest Labour Force data. Read more
Salary
New findings link job mobility hurdles to stagnant wage growth
Recent research from the e61 Institute has unearthed significant links between slow wage growth in Australia and obstacles to job mobility, including non-compete clauses, complicated occupational ...Read more
Salary
Employers scrambling to prevent workplace brain drain
As workplace managers face a swiftly evolving employment market that’s increasingly favouring the demands of white-collar employees and jobseekers, bosses are falling under mounting pressure to ...Read more
Salary
Unions back Albanese’s pledge to close gender pay gap
An electoral promise from Labor to make gender pay equity an objective of the Fair Work Act has been hailed as a “watershed moment” from industry peak bodies who have traditionally advocated for ...Read more
Salary
Coles asked to disprove $115m in alleged wage theft
One of Australia’s biggest supermarkets faces allegations that it underpaid more than 7,500 employees a total of $115 million. Read more
Salary
Gen Z left behind in progress to gender equality
Women under 25 may emerge from the pandemic in a worse financial position than when it began, new research has shown. Read more
