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Looking for a Recipe to RTO Administration Success?
Jan 27, 2022
State-based Training Awards Are Opening Up!
Jan 27, 2022
Would You Like to Share Your Compliance, Training, Assessment or Administration Expertise?
Jan 27, 2022
VET Regulator Updates
Jan 27, 2022
Just Giving You a Gentle Nudge .... Last Chance!
Jan 27, 2022
Employment Hits a Record High
Jan 27, 2022
Strong Demand for Temporary Migrant Visas to Support Pandemic Recovery
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Calls for International Education Commissioner Build
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Skills Service Organisation and Training Package Updates
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Your VET Newsletters, Publications and Media Releases for 27 January 2022
Jan 27, 2022
The ABS's labour force figures released today show that seasonally adjusted employment increased by 64,800 (or 0.5 per cent) in December, to stand at a record high of 13,242,000. Employment is now 246,600 (or 1.9 per cent) above the level recorded in March 2020 (when Australia recorded its 100th case of COVID-19).
Against the stronger backdrop, the level of unemployment fell by 62,200 (or 9.8 per cent) over the month, to 574,400 in December. The unemployment rate also declined, from 4.6 per cent in November to 4.2 per cent in December. This is the lowest unemployment rate recorded since August 2008 and well below the 5.3 per cent recorded in March 2020.
Encouragingly, employment for youth increased by 37,800 (or 2.0 per cent) in December, accounting for more than half of the rise in overall employment.
The Government continues to back Australia's small business-led recovery from the COVID-19 pandemic by extending the SME Recover Loan Scheme to 30 June 2022. The extension of the scheme will continue to provide unprecedented support for SMEs. It will help even more businesses to gain access to the funding they need to adapt, innovate and bounce back from the impact of the pandemic.
Access the full media release here.
Date posted Jan 27, 2022
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