74% of Australians were employed at the end of last year

Employment by Industry in Australia. Chart Source: ABS Labour Force Survey, trend data.

Employment by Industry in Australia. Chart Source: ABS Labour Force Survey, trend data. Source: Labour Market Information Portal website

A new report has found 74 per cent of Australians were employed at the end of last year - the highest levels since the 1970s. But a record number of people are also underemployed - with one in 11 unable to find as many hours of work as they would like. AMP Capital chief economist Shane Oliver says that problem is unlikely to go away unless the Australian economy improves…



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