Employment data released today shows Australians are working harder to make ends meet as the Albanese Government\u2019s cost-of-living crisis continues to grip the nation.<\/p>\n\n\n\n
The trend statistics show that the monthly hours worked by Australians increased by 17 million hours over the past 12 months.<\/p>\n\n\n\n
This comes on the back of quarterly Labour Accounts figures released last week which show more Australians are working more than one job. Those figures show there are 974,000 multiple-job holders, up 2.9% over the past year.<\/p>\n\n\n\n
The May 2024 labour force figures show the unemployment rate decreased to 4%.<\/p>\n\n\n\n
Shadow Treasurer Angus Taylor said Australians continue to pay a very high price for a Labor government that can\u2019t manage the economy.<\/p>\n\n\n\n
\u201cAustralians are facing a deadly combination of high inflation and household recession.<\/p>\n\n\n\n
\u201cWe are in an entrenched GDP per capita, consumer confidence and productivity recession after two years of Labor\u2019s failed economic management.<\/p>\n\n\n\n
\u201cThe Treasurer can spin today\u2019s labour force data however he wants. But everyday Australians will see right through it.<\/p>\n\n\n\n
\u201cThey\u2019re forced to work more and work harder to make ends meet. But Australians don\u2019t need data to know this – they are living it every single day.\u201d
Shadow Minister for Employment and Workplace Relations, Senator Michaelia Cash said that the drop in unemployment cannot mask the pain Australians are feeling under the Albanese Government\u2019s cost of living crisis.<\/p>\n\n\n\n
\u201cThe cost of living pain is not just in the hip pocket when Australians go to buy every day essentials at the supermarket or have to pay their power bills,\u201d she said.<\/p>\n\n\n\n
\u201cIt is now clear that pain extends to having to work harder to make ends meet. And the pain extends to small business owners who are fighting a cost of doing business crisis,\u2019\u2019 Senator Cash said.<\/p>\n","protected":false},"excerpt":{"rendered":"
Employment data released today shows Australians are working harder to make ends meet as the Albanese Government\u2019s cost-of-living crisis continues to grip the nation. The trend statistics show that the monthly hours worked by Australians increased by 17 million hours over the past 12 months. This comes on the back of quarterly Labour Accounts figures … Continue reading “Jobs Data Can’t Mask Pain of Albanese’s Cost of Living Crisis”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-27330","post","type-post","status-publish","format-standard","hentry","category-aussie"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/27330","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=27330"}],"version-history":[{"count":1,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/27330\/revisions"}],"predecessor-version":[{"id":27331,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/27330\/revisions\/27331"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=27330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=27330"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=27330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}