Underemployment rises alongside job growth in Australia
In April, the Australian Bureau of Statistics (ABS) released data indicating a slight uptick in the seasonally adjusted unemployment rate, which rose by 0.2 percentage points to 4.1 per cent, compared to a revised 3.9 per cent in March. Bjorn Jarvis, ABS head of labour statistics, noted that despite an increase of approximately 38,000 individuals…