Jobs market still challenging: Frydenberg





Treasurer Josh Frydenberg concedes Australia’s labour market is still challenging despite a surprise fall in unemployment.

The jobless rate unexpectedly fell to 6.8 per cent in August, bucking widespread predictions of a slight rise.

“The labour market is still very challenging,” Mr Frydenberg told Sky News on Friday.

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“There is a lot of uncertainty out there in the economy – not just here in Australia but globally – and that’s a reflection of the nature of the virus.”

Roughly 111,000 people gained employment in August, the third month of exceptionally strong results.

Over half the massive jobs losses in April and May have been recovered.

However such strength masked a 42,400 drop in employment numbers in Victoria, where restrictions remain.

Mr Frydenberg, a Victorian MP, said businesses in the state were still hard hit by lockdowns.

“I’m hoping and the prime minister is hoping those restrictions can be

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Challenging job-hunting landscape as recruitment agencies see fewer vacancies and more applications

SINGAPORE: After leaving travel company ezeego1 last February, Mr Norman Chew was able to get through the year doing freelance consultancy work, organising tours and conducting interviews for a research team at the National University of Singapore (NUS).

The travel industry veteran in his 50s got a couple of job offers from headhunters and former clients, but he did not take them up as he felt they were not the right fit.  

This year, however, with the NUS project put on hold and tourism gigs all but dried up because of COVID-19, Mr Chew says he has submitted about 1,000 job applications. These include submissions to companies outside the travel industry and those offering career conversion programmes through the Government. 

He has not had any success in landing a new job.

“I’ve had to eat into my savings. It’s been frustrating – I can’t cut back on my

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