Seasonally adjusted hours worked fell by 8.8 per cent between December 2021 and January 2022, according to the Australian Bureau of Statistics (ABS).
The changes in hours worked were more pronounced than for other key indicators, with employment increasing by around 13,000 people, unemployment by 6,000 people and the unemployment rate remaining at 4.2 per cent.
But there are deeper reasons why the numbers are the way they are, and today we explore this…. in a word – migration, or the lack of it…!
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