Job market may not be so dire after all

Job market may not be so dire after all Job market may not be so dire after allPosted October 13, 2011, by Josie Chun The news has just hit that Australias unemployment rate has reached 5.7 per cent. This figure is expected to climb further, to an expected peak of 9 per cent. But according to journalist Michael Pascoe, the figures are misleading and the situation is not nearly as dire as the public is being led to believe. The unemployment rate may be up, but this is due to growth in the workforce as well as immigration, and the actual number of employed has grown. There has, however, been an increase in the number of underemployed people who are working fewer hours than they would like but unemployment is still better than before the brde recession, and were holding up remarkably well compared to our international counterparts. With such a different take on the usual doom-and-gloom stories, its hard to know what to think. Is the glass half empty or half full? Read the articles h ere Jobless rate hits 5.7% Great news - employment remains strong What do you think? Tell us below. ResourcesMy first resumeCover letter for my first jobCareer Insider StoriesShelley Lask - Body Positive Health & FitnessInterested in becoming a?Human Resources OfficerGeneral ManagerBusiness ManagerAccountantOffice AdministratorPopular Career Searchesbest jobs for college grads with no experiencejob outlook 2016best jobs for 2020 graduates australiajobs that will be in demand in the next 10 yearshighest paying jobs in australia 2016 CoursesBachelor of Social WorkEnquire Online Enquire OnlineCertificate III in Health AdministrationEnquire Online Enquire OnlineBachelor of Criminal JusticeEnquire Online Enquire OnlineCertificate III in Allied Health AssistanceEnquire Online Enquire OnlineJosie ChunRelated ArticlesBrowse moreWeekend job news Women and youth hit hardestMore than one quarter of young workers either cannot find work or cant work enough hours, according to newly released Bureau of Statistics figures.Education trendsFuture trendsReport unveils a workforce for Australias futureA highly skilled and adaptable workforce will ensure that Australia remains globally competitive, according to a new report released by the Australian Workforce and Productivity Agency.ProductivityStudy tips5 Tips to Help You Out of Your Study RutNeed to work on your study skills? Want help out of your study rut? Check out our article loaded with actionable ideas and tips for enjoying and mastering your studies.