Tag: job market

  • Unemployment rate drops to 5.5% as jobs rise

    Unemployment rate drops to 5.5% as jobs rise

    The national rate of unemployment fell 0.2% to a final figure of 5.5% for the month of May, exceeding market expectations of the rate remaining steady through the month. The rate of job creation for the month of May also exceeded expectations, with the 42,200-strong rise in full-time jobs far outstripping the predicted 10,000 rise.…

  • Telstra confirms 1, 400 job cuts to save costs

    Telstra confirms 1, 400 job cuts to save costs

    Telstra has officially confirmed that around 1, 400 jobs are to be cut across Australia over the next six months as part of a large-scale cost-saving effort by the telecoms giant. Telstra CEO Andy Penn has blamed “the increased competitive dynamics of the market and the acceleration of the rollout of the NBN (National Broadband Network)”…

  • Lessons for a jobseeker

    Lessons for a jobseeker

    Looking for work can be very stressful. A typical jobseeker will go from interview to interview, applying for jobs and trying to impress people, and when an opportunity ends in disappointment, it can be a bitter pill to swallow. However, there are a few important lessons about the world of employment that will hopefully keep bad job…