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Podcast: Please Explain
Episode:

Why young people are struggling to find work despite record low unemployment rate

Category: News & Politics
Duration: 00:23:27
Publish Date: 2022-07-22 06:32:43
Description:

Australia might have the strongest jobs market in years, but young people will struggle with the side-effects of the COVID-19 pandemic, according to new research.

The research, compiled by the e61 Institute with the Paul Ramsay Foundation, says young workers are less likely to transition to employment during the pandemic, partly due to the closures of sectors such as hospitality.

Despite the recovery in the jobs market over recent months, the number of young people out of work for more than two years hasn't changed. The pandemic also caused an increase in the number of students who have not completed their studies.

Senior economics correspondent Shane Wright joins host Nathanael Cooper for a special Please Explain, which includes news from culture news editor Osman Faruqi from the very wet grounds of the Splendour in the Grass festival.

Day one of the music festival in North Byron has been cancelled following heavy rain, following two years of total cancellations due to the health crisis.

People who began arriving at the site on Thursday faced delays of up to 12 hours to get into the campsite, and early acts on Friday were postponed before headliners for the first night including Gorillaz, The Avalanches, DMA’s and Kacey Musgraves, were notified the first day of the festival would not be going ahead.

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