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We have previously highlighted the resilience of Australia’s labour market through the lens of monthly labour force flows data over at our institutional service (check it out below).
Today, we update the key highlights of that analysis.
1. The share of workers in Australia staying in employment each month has remained very high for young people, but has dipped for those aged 25-64.
Where have they been going?
2. The share of workers moving into unemployment has risen modestly over the past 18 months - except for those aged 15-24 - but remains low in absolute terms.
