Concerns about the number of young people currently out of a job
Concerns about the number of young people currently out of a job
7 November 2024
The unemployment rate has risen to 4.8 percent -- it's highest point in three years.
There's also more people leaving the workforce altogether.
JMI Wealth Director Andrew Kelleher says more than one-in-five 15 to 19 year olds and one-in-twelve 20 to 24-year-olds are unemployed.
He says it's concerning as evidence shows once youth go onto benefits, they remain there a long-time.
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