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Why we don’t have enough workers to fill jobs (in four graphs)

Why we don’t have enough workers to fill jobs (in four graphs)

Australian businesses are crying out for more workers with the country in the middle of one of its largest ever labour shortages. There are more than 423,000 job vacancies, according to data from the Australian Bureau of Statistics.

While there is high demand for workers, businesses are struggling to fill those vacancies. Australia’s unemployment rate sits at 3.9 per cent, a 48-year low, and the proportion of the adult population holding a job or actively looking for work has hit a record high 66.7 per cent.

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Campbell Kwan
Campbell KwanReporterCampbell Kwan covers commercial and residential real estate for The Australian Financial Review, based in the Sydney newsroom. He was previously the breaking news reporter. Email Campbell at campbell.kwan@afr.com

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Original URL: https://www.afr.com/policy/economy/why-we-don-t-have-enough-workers-to-fill-jobs-in-4-graphs-20220621-p5avcc