Published: August 09, 2018
Nearly half of all 20- to 24-year-olds working part time are underemployed
Over the past five years one of the major issues in the Australian economy has been the rise of underemployment given it is strongly linked with the ongoing weak growth of wages. The latest Household, Income and Labour Dynamics in Australia (Hilda) survey undertook a deep dive into the make-up of the underemployed. And while the news is generally bad for younger workers, the good news is that, for most, underemployment is not a long-term situation.
Underemployment first really became an issue after the 1990s recession – where the rates of underemployment soared for both men and women, reaching levels that would not be surpassed for over 15 years:
Continue reading...from The Guardian https://ift.tt/2vSj3Ct
via
0 Comments