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Another challenge was giving his employees enough hours at work, and a way of career development. And that relative tightness in the labour market, coupled with high inflation and cost-of-living pressures, means situations remain tricky for many companies. “The easing within the labour market since late 2022 is most evident in measures that are usually main indicators, corresponding Career News to firms? employment intentions,” the RBA Bulletin said. The graphic compared the latest observation of key labour market indicators with observations of latest extreme labour market tightness from October and more typical labour market outcomes for the explanation that yr 2000 . However, a much less noisy measure of unemployment provides a clearer image of the place the labour market’s sitting.