The International Labour Market Update provides key labour market data and information on skill shortages for Australia and selected overseas countries and country groups.
This edition of the publication refers to recent research report findings, including:
- United Nations has reported that global economic growth remained stable in 2024 due to high levels of employment and a rise in real wages in several emerging and advanced economies.
- International Monetary Fund expects wage growth will be moderate in 2025 for advanced economies if there are no disruptions to labour supply.
- Labour market data for Australia, Canada, New Zealand and the United States, indicated that lndigenous populations performed worse in the labour market compared to total populations.