Australian Economy

Unemployment in 2018: What the Stats Don’t Tell You

As of January 2018, the Australian unemployment rate was at 5.5%. Which is great news but, this statistic, alone, does not show you the full picture of the current 2018 employment landscape. Not knowing the rules to the game, how can you expect to win? Let alone play? A quick glance at the unemployment rate over the last five years, tells us that 5.5% is quite low, especially in comparison to the higher rates of 2015 (which was actually a core reason behind the founding of BC Resumes). And, a low unemployment rate is by no means a bad thing –...

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