By 2030, 150 million jobs will shift to workers over the age of 55, a figure nearly equivalent to the entire working population of the US. In G7 countries, experienced workers are predicted to make up a quarter of the workforce by the end of the decade, nearly 10 percentage points higher than in 2011
With the reduction in shift work hours, a growing trend of poly-employment is emerging among shift workers. Many are taking on multiple jobs across different industries to make up for reduced hours and inadequate earnings.
Under the new rules, temporary visa holders who cease employment with their sponsoring employer now have extended timeframes to secure new sponsorship, apply for alternative visas, or arrange to leave Australia.
The employment index saw a significant decline, falling by 6 points to reach 0. This sharp drop suggests that the demand for labour may be weakening more than expected.
The Australian Bureau of Statistics (ABS) reported a net increase of 39,700 jobs in May, surpassing the expected 30,000. Full-time employment rose by 41,700 positions, while part-time jobs decreased by about 2,000.
Sydney's rainfall at Observatory Hill has been above average every month this year except March, with the 2024 total now exceeding 1,000mm, far surpassing the usual 600mm by early June.
The 2023 Flexible Working Index by Business Insider shows a shift in trends, with fully remote work declining in popularity as employees now prefer hybrid models that blend the benefits of remote and office environments, offering flexibility and a balanced work life.