Australia reports declining job mobility

• Just over 1 million employed people changed their employer or business in the year to February.
• The figure decreased compared with the 7.7% mobility rate recorded over the previous year.
• The Australian Bureau of Statistics stated that the declining job mobility is a continuation of a long-term trend since the 1970s.

The Australian Bureau of Statistics reported that 1 million employed people, or 7.2%, changed their employer or business in the year to February.

The figure decreased compared with the 7.7% mobility rate recorded over the previous year."

"While this decreasing job mobility is a continuation of a long-term trend since the 1970s, there have been some notable peaks in job mobility over this period," said Australian Bureau of Statistics Head of Labour Statistics Robert Long.

Employees maintained a higher job mobility rate of 8 per cent compared with 3% for self-employed people.

The Australian Bureau of Statistics noted that the job mobility rate for women declined by 0.8 percentage points to 7.1%, while the male rate decreased by 0.2 percentage points to 7.4%.

Younger workers aged 15 to 24 recorded the highest job mobility rate at 12%, contrasted with 1.2% for workers aged 65 years and over.