Thanks for logging in.

You can now click/tap WATCH to start the live stream.

Thanks for logging in.

You can now click/tap LISTEN to start the live stream.

Thanks for logging in.

You can now click/tap LATEST NEWS to start the live stream.

LISTEN
Watch
on air now

Create a 2GB account today!

You can now log in once to listen live, watch live, join competitions, enjoy exclusive 2GB content and other benefits.


Joining is free and easy.

You will soon need to register to keep streaming 2GB online. Register an account or skip for now to do it later.

Advertisement
Advertisement
Advertisement

Participation rates at record high while unemployment remains steady

Article image for Participation rates at record high while unemployment remains steady

The unemployment rate has remained steady at 5.2 per cent but participation rates are at record highs.

The Reserve Bank of Australia is considering the labour market when cutting interest rates, with the desired unemployment rate of 4.5 per cent.

The participation rate is at record levels of nearly 66 per cent, with a lot of part-time jobs created.

ANZ head of Australian Economics David Plank discusses with Ross Greenwood the impact on interest rates.

“Our next-door neighbour, New Zealand, has a much higher participation than us so it could continue to go higher.”

Click PLAY to hear the full interview

Seek Managing Director Kendra Banks tells Ross Greenwood new job advertisements are down 6.5 per cent but average advertised salaries have gone up.

“It’s important to note that last year was something of an anomaly, 2018 was absolutely a huge year for hiring.”

Click PLAY to hear the full interview

Deborah Knight
Advertisement