Original article by Roy Morgan
Market Research Update – Page: Online : 13-Aug-18

A Roy Morgan survey shows that 12,021,000 Australians were employed in July, up 167,000 over the past year. The increase was driven by growth in both full-time employment (which was up 66,000 to 7,765,000) and an even stronger increase in part-time employment (up 101,000 to 4,256,000). The figures also show that 1,329,000 Australians were unemployed (10% of the workforce) in July, an increase of 93,000 (up 0.6%) on a year ago. In addition, 1,148,000 Australians (8.6% of the workforce) are now under-employed, working part-time and looking for more work, a fall of 78,000 in a year (down 0.8%). Roy Morgan’s real unemployment figure of 10% for July remains substantially higher than the current ABS estimate for June 2018 of 5.4%. Roy Morgan CEO Michele Levine says the increasing casualisation of the Australian workforce has strengthened in recent years with the rise of the so-called "gig" economy, but Foodora’s impeding exit from the Australian market shows that there are limits to this type of employment model when regulatory and competition considerations are taken into account. Foodora’s exit also signifies how important it is for governments to create sensible industrial relations laws that encourage employers to take on new workers rather than penalise employers looking to grow their business.

CORPORATES
ROY MORGAN LIMITED, AUSTRALIAN BUREAU OF STATISTICS

Original article by Roy Morgan
Market Research Update – Page: Online : 9-Jul-18

A Roy Morgan survey shows that 12,245,000 Australians were employed in June 2018, down 85,000 over the last year. The fall was driven by a drop in full-time employment, which was down 300,000 to 7,800,000; part-time employment increased by 215,000 to 4,445,000. The figures also show that 1,171,000 Australians were unemployed (8.7% of the workforce) in June, a decrease of 29,000 (down 0.2%) on a year ago. In addition, 1,302,000 Australians (9.7% of the workforce) are now under-employed, working part-time and looking for more work, a fall of 143,000 in a year (down 1%). Roy Morgan’s real unemployment figure of 8.7% for June remains substantially higher than the current ABS estimate for May of 5.4%. Roy Morgan CEO Michele Levine says that over 2.4 million Australians looking for work or looking for more work in June explains why wage growth remains at record lows. Improving wage growth and the performance of the Australian economy is as simple as designing policies that engage these under-utilised workers and encourage employers to offer more jobs, and more hours, to Australians who want more work.

CORPORATES
ROY MORGAN LIMITED, AUSTRALIAN BUREAU OF STATISTICS, AUSTRALIA. FAIR WORK COMMISSION

Original article by Roy Morgan
Market Research Update – Page: Online : 4-Jun-18

A Roy Morgan survey shows that 12,415,000 Australians were employed in May 2018, an increase of 355,000 over the last year. The increase was driven by full-time employment, which rose 307,000 to 7,859,000; part-time employment was up 48,000 to 4,286,000. The figures also show that 1,316,000 million Australians were unemployed (9.8% of the workforce) in May, an increase of 32,000 (unchanged in percentage terms) on a year ago. In addition, 1,251,000 Australians (9.3% of the workforce) are now under-employed, working part-time and looking for more work, a fall of 87,000 in a year (down 0.9%). Roy Morgan’s real unemployment figure of 9.8% for May is substantially higher than the current ABS estimate for April of 5.6%. Roy Morgan CEO Michele Levine says the Fair Work Commission’s decision to raise the minimum wage by 3.5% to almost $720 per week was based on the misleading ABS unemployment figure that under-states the "true" level of unemployment and under-employment in Australia. In future the FWC needs to consider the more accurate Roy Morgan employment figures that consistently records that there are more than 2.5 million Australians looking for work or looking for more work.

CORPORATES
ROY MORGAN LIMITED, AUSTRALIAN BUREAU OF STATISTICS, AUSTRALIA. FAIR WORK COMMISSION

Original article by Roy Morgan
Market Research Update – Page: Online : 7-May-18

A Roy Morgan survey shows that 11,962,000 Australians were employed in April 2018 – an increase of 46,000 over the last year. The increase was driven by part-time employment, which rose 154,000 to a record 4,454,000; full-time employment was down 108,000 to 7,508,000. The figures also show that 1,196,000 million Australians were unemployed (9.1% of the workforce) in April, a decrease of 88,000 (down 0.7%) on a year ago. In addition, 1,349,000 Australians (10.2% of the workforce) are now under-employed, working part-time and looking for more work, a rise of 259,000 in a year (up 1.9%). Roy Morgan’s real unemployment figure of 9.1% for April is substantially higher than the current ABS estimate for March of 5.5%. Roy Morgan CEO Michele Levine says the continuing strength in part-time employment is causing under-employment levels to spike from already high levels, and it is imperative that the May 2018 Federal Budget seriously considers the continuing high levels of unemployment and under-employment.

CORPORATES
ROY MORGAN LIMITED, AUSTRALIAN BUREAU OF STATISTICS

Original article by Roy Morgan
Market Research Update – Page: Online : 9-Apr-18

A Roy Morgan survey shows that 1.21 million Australians were unemployed (8.9% of the workforce) in March 2018, a decrease of 26,000 (down 0.4%) on a year ago. In addition, 1.36 million Australians (10.0% of the workforce) are now under-employed, working part-time and looking for more work, a rise of 258,000 in a year (up 1.6%). The figures also show that a record 12,374,000 Australians were employed in March – an increase of 399,000 over the last year. Roy Morgan’s real unemployment figure of 8.9% for March is substantially higher than the current ABS estimate for February 2018 of 5.6%. Roy Morgan CEO Michele Levine says that given the large number of Australians directly, or even indirectly impacted, by unemployment and under-employment it is no surprise that issues relating to unemployment, job security and the search for jobs is one of the key issues Australians mention unprompted when asked about the biggest problem facing Australia in early in 2018.

CORPORATES
ROY MORGAN LIMITED, AUSTRALIAN BUREAU OF STATISTICS

Original article by Roy Morgan
Market Research Update – Page: Online : 6-Feb-18

A Roy Morgan survey shows that 1.219 million Australians were unemployed (9.1% of the workforce) in January 2018, a decrease of 76,000 (down 0.6%) on a year ago. In addition, 1.371 million Australians (10.2% of the workforce) were under-employed, working part-time and looking for more work, a rise of 264,000 in a year. In total, 2.59 million Australians were unemployed or under-employed in January. The figures also show that 12,236,000 Australians were employed in January – an increase of 116,000 over the past year. The Roy Morgan real unemployment figures are substantially higher than the current ABS estimate of 5.5% for December 2017. Roy Morgan CEO Michele Levine says jobs growth in calendar year 2017 was driven entirely by growth in part-time employment, which may partly explain why Australians do not believe that the monthly ABS unemployment estimates are accurate.

CORPORATES
ROY MORGAN LIMITED, AUSTRALIAN BUREAU OF STATISTICS

Original article by Roy Morgan
Market Research Update – Page: Online : 12-Jan-18

A Roy Morgan survey shows that 1.312 million Australians were unemployed (9.8% of the workforce) in December 2017, an increase of 126,000 (up 0.6%) on a year ago. In addition, 1.288 million Australians (9.6% of the workforce) are now under-employed, working part-time and looking for more work, a rise of 188,000 in a year. The figures also show that 12,098,000 Australians were employed in December, an increase of 392,000 over the past year. The Roy Morgan real unemployment figures are substantially higher than the current ABS estimate of 5.4% for November. Roy Morgan CEO Michele Levine says more than 2 million Australians have been either unemployed or under-employed for 27 straight months stretching back to late 2015, and until the Government undertakes significant industrial relations reform to cut red tape, target the rorts of the "cash economy" and provide the proper incentives for employers to take on new employees, Australian wage growth will continue to lag expectations and historical averages.

CORPORATES
ROY MORGAN LIMITED, AUSTRALIAN BUREAU OF STATISTICS, RESERVE BANK OF AUSTRALIA