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2021 Census: Predictions on Unemployment Rates & Industry Growth

What we’ve seen so far? The 2016 Census recorded low unemployment and underemployment rates, with a marginal drop from that of previous years.Unemployment rates have continued to be on the low since the 2016. While unemployment soared in the wake of Australia’s border closures, the economy witnessed a quick recovery with employment bouncing back to near pre-Covid levels. In light of the recurring lockdowns in 2020 and 2021 and the return of the international workforce back to their home countries, the available casual /part time workforce contracted. Underemployment rates followed a similar trend to unemployment rates since the last Census. While it’s promising that underemployment…