According to new research, the number of Australians working multiple jobs increased by 1.4 per cent in the three months to December 2023, 9News reports.
Data released on March 8 by the Australian Bureau of Statistics (ABS), showed that 6.7 per cent of Australians are currently working multiple jobs.
The number of job vacancies has reportedly fallen by 13 per cent year on year in what Bjorn Jarvis - ABS's head of labour statistics - described as still a "relatively tight" job market.
Workers aged 20-24 years old make up the largest age group holding down multiple jobs, at 8.4 per cent.
According to the data, 7.5 per cent of women in Australia are working multiple jobs, compared to 6 per cent of men.
Those working in community services were found to be the most likely to hold a second job, with 10 per cent having more than one job.
The data release comes as the number of hours worked by everyone in Australia added together continued to fall in the three months ending in December, down by 0.3 per cent to 5.8 billion hours.
"After a couple of years of strong growth, hours worked in the December quarter of 2023 were 1 per cent below the series high in the June quarter 2023," Mr Jarvis said.
"Apart from early 2020, around the beginning of the COVID-19 pandemic, December quarter 2023 is the first time we've seen a fall in hours worked for two quarters in a row in about a decade - since March quarter 2014."
Mr Jarvis reportedly pointed out that those apparent falling figures come in the wake of "particularly strong growth" in hours worked in the 2022-23 financial year.
The December 2023 quarter was still 2 per cent higher than the December 2022 quarter, in yearly terms.
"Five consecutive falls in both job vacancies and the proportion of vacant jobs shows an easing in demand for labour from the peaks we saw in September quarter 2022.
“However, both measures are still well above their pre-pandemic levels, which suggests that the labour market continues to remain relatively tight despite these falls," Mr Jarvis said.
Source: 9News
(Quotes via original reporting)
According to new research, the number of Australians working multiple jobs increased by 1.4 per cent in the three months to December 2023, 9News reports.
Data released on March 8 by the Australian Bureau of Statistics (ABS), showed that 6.7 per cent of Australians are currently working multiple jobs.
The number of job vacancies has reportedly fallen by 13 per cent year on year in what Bjorn Jarvis - ABS's head of labour statistics - described as still a "relatively tight" job market.
Workers aged 20-24 years old make up the largest age group holding down multiple jobs, at 8.4 per cent.
According to the data, 7.5 per cent of women in Australia are working multiple jobs, compared to 6 per cent of men.
Those working in community services were found to be the most likely to hold a second job, with 10 per cent having more than one job.
The data release comes as the number of hours worked by everyone in Australia added together continued to fall in the three months ending in December, down by 0.3 per cent to 5.8 billion hours.
"After a couple of years of strong growth, hours worked in the December quarter of 2023 were 1 per cent below the series high in the June quarter 2023," Mr Jarvis said.
"Apart from early 2020, around the beginning of the COVID-19 pandemic, December quarter 2023 is the first time we've seen a fall in hours worked for two quarters in a row in about a decade - since March quarter 2014."
Mr Jarvis reportedly pointed out that those apparent falling figures come in the wake of "particularly strong growth" in hours worked in the 2022-23 financial year.
The December 2023 quarter was still 2 per cent higher than the December 2022 quarter, in yearly terms.
"Five consecutive falls in both job vacancies and the proportion of vacant jobs shows an easing in demand for labour from the peaks we saw in September quarter 2022.
“However, both measures are still well above their pre-pandemic levels, which suggests that the labour market continues to remain relatively tight despite these falls," Mr Jarvis said.
Source: 9News
(Quotes via original reporting)