{"id":17,"date":"2018-09-20T02:39:42","date_gmt":"2018-09-19T15:39:42","guid":{"rendered":"https:\/\/nesa-annualreport2018.sheky\/?page_id=17"},"modified":"2020-11-26T13:17:03","modified_gmt":"2020-11-26T02:17:03","slug":"vision","status":"publish","type":"page","link":"https:\/\/annualreport.nesa.com.au\/2020\/vision\/","title":{"rendered":"Vision"},"content":{"rendered":"

[vc_row full_width=”stretch_row_content” content_placement=”bottom” bg_type=”video” video_url=”https:\/\/annualreport.nesa.com.au\/2020\/wp-content\/uploads\/sites\/7\/2020\/11\/3-NESA_AR20_Video_Component_vision.mp4″ video_opts=”loop,muted” video_poster=”id^2550|url^https:\/\/annualreport.nesa.com.au\/2020\/wp-content\/uploads\/sites\/7\/2020\/11\/2-NESA_AR20_Video_Component_Vision.jpg|caption^null|alt^null|title^2-NESA_AR20_Video_Component_Vision|description^null” enable_controls=”display_control” el_class=”page-hero-video-bg” controls_color=”#ffffff”][vc_column][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJhcnJvd3MtY29udGFpbmVyLXdyYXBwZXIlMjIlM0UlMEElMDklM0NkaXYlMjBjbGFzcyUzRCUyMmFycm93cy1jb250YWluZXIlMjBhcnJvd3MtdmlzaW9uJTIyJTNFJTBBJTA5JTA5JTNDc3BhbiUyMGNsYXNzJTNEJTIyYXJyb3dzJTIwYXJyb3ctb25lJTIyJTNFJTNDJTJGc3BhbiUzRSUwQSUwOSUwOSUzQ3NwYW4lMjBjbGFzcyUzRCUyMmFycm93cyUyMGFycm93LXR3byUyMiUzRSUzQyUyRnNwYW4lM0UlMEElMDklMDklM0NzcGFuJTIwY2xhc3MlM0QlMjJhcnJvd3MlMjBhcnJvdy10aHJlZSUyMiUzRSUzQyUyRnNwYW4lM0UlMEElMDklM0MlMkZkaXYlM0UlMEElM0MlMkZkaXYlM0U=[\/vc_raw_html][\/vc_column][\/vc_row][vc_row el_class=”padding-top-extra-large padding-bottom-extra-large”][vc_column el_class=”nesa-vc-bg-position-top”][vc_column_text css=”.vc_custom_1605930247806{margin-bottom: 0px !important;padding-right: 50px !important;padding-left: 50px !important;}” el_class=”padding-bottom-extra-large”]<\/p>\n

Employment Matters<\/h1>\n

Opportunity For Everyone Through Employment And Inclusion<\/h3>\n

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Key job statistics<\/h2>\n

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What changed
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Total number of employed persons decreased by 5.4% to 12.8 million<\/p>\n

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Total number of jobs decreased by 1,028,400 (or 7.0%)<\/p>\n

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Total number of hours actually worked decreased by 527.3 million hours (or 9.8%)<\/p>\n

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Underemployed persons increased by 31% rising to 1,698,200<\/p>\n

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Secondary jobs fell by 193,400 (or 19.6%)<\/p>\n

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Number of multiple job holders decreased by 22.7%<\/p>\n

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Source<\/strong>: Labour Account Australia June 2020 ABS<\/p>\n

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Total number of JobSeeker payment recipients increased by 648,473 (55%) to 1,441,287<\/p>\n

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Total number of Youth Allowance (other) recipients increased by 79,726 or 54%<\/p>\n

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Source:<\/strong> DSS Demographics June 2020<\/p>\n

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Unemployment Rate<\/h3>\n

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A large proportion of people who left employment during the March to June quarter did not look for work and as such are not counted in the unemployment rate. People\u2019s job search activity was influenced by COVID-19 and containment measures for example increased caring responsibility, fear of infection, lack of suitable vacancies. These people nevertheless may be receiving income support and want work now or in the near future.<\/p>\n

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Unemployment Rate %<\/h3><\/div> <\/div> <\/div> [\/vc_column_inner][vc_column_inner width=”1\/2″][vc_line_chart style=”custom” legend=”” x_values=”MAR 20; APR 20; MAY 20; JUN 20″ values=”%5B%7B%22title%22%3A%22Unemployed%20to%20Employmented%22%2C%22y_values%22%3A%22110000%3B%20256000%3B%20203000%3B%2010900%22%2C%22color%22%3A%22pink%22%2C%22custom_color%22%3A%22%23fc8395%22%7D%2C%7B%22title%22%3A%22Employed%20to%20NILF%22%2C%22y_values%22%3A%22320000%3B%20635000%3B%20520000%3B%20287000%22%2C%22color%22%3A%22pink%22%2C%22custom_color%22%3A%22%23fa8807%22%7D%5D”][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=”padding-bottom-extra-large”][vc_column_inner width=”1\/4″]
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Unemployment Rate %<\/h3><\/div> <\/div> <\/div> [\/vc_column_inner][vc_column_inner width=”1\/4″][\/vc_column_inner][vc_column_inner width=”1\/4″]
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Unemployed to Employment<\/h3><\/div> <\/div> <\/div> [\/vc_column_inner][vc_column_inner width=”1\/4″]
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Employed to NILF<\/h3><\/div> <\/div> <\/div> [\/vc_column_inner][\/vc_row_inner][vc_column_text]<\/p>\n

Source:<\/strong> Flows into and out of employment and unemployment Jul 2020 ABS<\/p>\n

[\/vc_column_text][\/vc_column][\/vc_row][vc_row full_width=”stretch_row_content” content_placement=”bottom” el_class=”nesa-breaker-graphic-bottom”][vc_column][vc_single_image image=”2002″ img_size=”full”][\/vc_column][\/vc_row][vc_row full_width=”stretch_row” bg_type=”image” parallax_style=”vcpb-default” bg_image_new=”id^2092|url^https:\/\/annualreport.nesa.com.au\/2020\/wp-content\/uploads\/sites\/7\/2020\/11\/NESA-section-bground-bigboi-vision-1.png|caption^null|alt^null|title^NESA-section-bground-bigboi-vision-1|description^null” bg_image_repeat=”no-repeat” bg_image_size=”contain” bg_image_posiiton=”0% 0%” el_class=”padding-top-extra-large padding-bottom-extra-large”][vc_column css=”.vc_custom_1543149216800{background-position: center !important;background-repeat: no-repeat !important;background-size: contain !important;}” el_class=”nesa-vc-bg-position-top”][vc_column_text]<\/p>\n

Employment statistics<\/h2>\n

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The key impacts on work<\/h2>\n

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Tap tiles to reveal more<\/h3><\/div> <\/div> <\/div> [vc_row_inner equal_height=”yes” css=”.vc_custom_1543120758455{margin-bottom: 30px !important;}” el_class=”js-hover-sameheight-1″][vc_column_inner width=”1\/3″][vc_hoverbox image=”2648″ primary_title=”” hover_title=””]Approximately 920,000 organisations received JobKeeper Payment supporting around 3.5 million individuals.[\/vc_hoverbox][\/vc_column_inner][vc_column_inner width=”1\/3″][vc_hoverbox image=”2647″ primary_title=”” hover_title=””]Nationally, only 53% of businesses were operating at full capacity, By end of June 2020.[\/vc_hoverbox][\/vc_column_inner][vc_column_inner width=”1\/3″][vc_hoverbox image=”2651″ primary_title=”” hover_title=””]More than 2.6 million Australians accessed their superannuation early with $37.4\u00a0billion in total benefit payments between March and June\u00a02020. This was an increase of 77.7% from the Jan – Mar 2020 quarter with the large increase reflecting the Early Release Scheme that commenced in April in response to the pandemic.[\/vc_hoverbox][\/vc_column_inner][\/vc_row_inner][vc_row_inner equal_height=”yes” css=”.vc_custom_1605828141006{margin-bottom: 50px !important;}” el_class=”js-hover-sameheight-1″][vc_column_inner width=”1\/4″][vc_hoverbox image=”2650″ primary_title=”” hover_title=””]Between March and June 2020, the industries with the highest proportion of payroll job losses were: Accommodation and food services (20.3%) and Arts and recreation services (18.6%). These two industries also had sharp decreases in job vacancies (65.9% and 95.2%).[\/vc_hoverbox][\/vc_column_inner][vc_column_inner width=”1\/4″][vc_hoverbox image=”2652″ primary_title=”” hover_title=””]The youth unemployment rate (i.e. aged 15-24) increased from12.0% in February 2020 to 16.4% by end of June 2020.[\/vc_hoverbox][\/vc_column_inner][vc_column_inner width=”1\/4″][vc_hoverbox image=”2646″ primary_title=”” hover_title=””]Around 2.7 million people between March and April 2020, and around 2.3 million people between April and May 2020 – around 1 in 5 employed people – were affected by either job loss or working fewer hours than usual for economic reasons.[\/vc_hoverbox][\/vc_column_inner][vc_column_inner width=”1\/4″][vc_hoverbox image=”2649″ primary_title=”” hover_title=””]Job vacancies decreased 43.2%, or by 98,200 vacancies, in the three months to May 2020 (seasonally adjusted). A fall of this scale was unprecedented in the history of the Job Vacancy Survey. The largest single quarterly decline in the 1980s recession was 18.6% (in May 1982) with a decline of 26.7% in the 1990s recession<\/strong> (in November 1990).[\/vc_hoverbox][\/vc_column_inner][\/vc_row_inner]
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Sources<\/h3><\/div> <\/div> <\/div>
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