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Report
Unemployment rises but more jobs created than expected
ABC NEWS (Australia)
Follow
2/20/2025
The jobs market has never been larger with more than 15 million people now working or looking for work. While unemployment edged up slightly last month more jobs than expected were created and most of them have been filled by women.
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00:00
I'm following up on the Strategic Procurement Lead Rule.
00:06
Dilhara Sivalingam has been out of work since October.
00:09
When I submit an application and cross my fingers and look at my laptop, I feel like
00:14
on the other side of that laptop someone's going swipe left, swipe left, swipe left,
00:18
too expensive, too experienced, don't like her name.
00:22
Federal Government for Defence.
00:24
The 49-year-old has applied for hundreds of jobs, but the reality is bleak.
00:29
I borrowed money from family to keep me going, but at the end of this month I have to ring
00:35
the bank and say I can't afford my home.
00:38
But there may be some hope.
00:39
44,000 jobs were added to the economy in January, all full-time roles, mainly filled by women.
00:47
Female workers also made up the bulk of 23,400 people joining the jobless queue, with some
00:53
waiting to start new roles.
00:56
More people decided to look for, or find work, pushing the participation rate to a
01:00
record high.
01:02
All this meant the unemployment rate ticked up to 4.1 per cent.
01:06
As households have found themselves under greater financial pressure, more women have
01:10
returned to work and more women are working full-time.
01:13
But the jobs market could get tougher.
01:16
It is reasonable to expect that in the months ahead with the sort of uncertain global conditions
01:20
that we may see a further slight increase in unemployment.
01:24
A number of fashion brands have collapsed and more employers are axing staff.
01:29
Westpac just announced 190 job losses and thousands could go in Victoria's public sector
01:35
in the coming weeks.
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