Australia’s seasonally adjusted unemployment rate was at four per cent in February 2022, the lowest jobless rate since August 2008.
The Reserve Bank of Australia and Treasury both predict that the unemployment rate will drop below four per cent this year and remain there in 2023.
The labour market is extremely tight and it doesn’t seem to be changing anytime soon. We have seen many stressed out employers hiring the first candidate they find, however it is more important than ever to still find the right fit.
Through our extensive candidate qualifying process, our recruitment experts focus on finding long-term solutions rather than quick fixes.