According to the Australian Times report on August 17, Australia’s unemployment rate has reached its highest level in history since 1998. According to official statistics, about 1 million people in Australia are unemployed. At the same time, the country's media stated that only an annual income of more than 89,000 US dollars (approximately 618,000 yuan) can be considered above average.
reported that this is the first time in Australia’s history that more than 1 million people have been officially classified as unemployed, and the queue to receive unemployment benefits is even longer than during the Great Recession 30 years ago.
Despite this, Australia's full-time workers are currently actively coping with this dilemma and ensuring that they can keep their jobs and working hours as much as possible.
It is understood that if part-time and temporary workers are included, private sector wages have fallen overall, but those working full-time have increased slightly, with average weekly wages increasing by 4.8%.
According to statistics, in May this year, the average full-time salary in Australia, excluding bonuses and overtime pay, was US$1,713.90 (approximately 11,000 RMB), which is equivalent to an average salary of US$89,122.80 per year (approximately 618,000 RMB). .
Taking civil servants as an example, working 35 hours or more per week, the annual salary is US$96,116.80 (approximately 668,000 RMB), and the weekly income is US$1848.40 (approximately 12,000 RMB), while the taxpayer-funded annual salary increase for full-time employees is 3.5%.
In comparison, private sector employees earn an annual income of US$87,027.20 (approximately 604,000 RMB), a weekly income of US$1,673.60 (approximately 11,000 RMB), and basic wages increased by 4.9% year-on-year.
In an effort to curb the spread of the coronavirus, some non-essential businesses were forced to close, causing the unemployment rate to surge for the third consecutive month. Compared with the unemployment rate of 7.4% in June, the unemployment rate in July is still rising slightly. Jo Masters, chief economist at a technology company, said the current labor market will remain challenging.
In response, a financial website in the country showed that 30% of Australians (equivalent to 5.8 million people) plan to learn new skills in the next 6 months to help find employment. On the government side, the Australian Prime Minister also announced a US$130 billion (approximately 903.51 billion yuan) wage subsidy plan to support employment.
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Author: ROANKIDA
Editor: Dujing
