3,042 Photos and videos
Pinned Tweet
14 Nov 2024
Not sure there are any real people left on here, but if you're not a bot feel free to follow me over at the good place.
bsky.app/profile/callampicke…
3
1
8
1,406
6.5% of Australian workers have multiple jobs. That figure has been elevated for the past five years, reflecting the impact of the pandemic and the cost-of-living crisis #ausbiz
3
1
3
471
Higher rates of remote work made working multiple jobs easier, while the cost-of-living crisis forced people to earn more.
2
295
2.1% of Australian jobs are vacant nationwide. While that number has declined from a peak of 3.1% back in 2022, it remains well above the average vacancy rate from 2010 to 2019 (1.4%) #ausbiz
2
332
Private business investment rose 6% in the March quarter, accounting for 12.6% of real GDP. That's the highest share since September 2015 #ausbiz
1
1
3
415
Admittedly, a lot of that growth had to do with data centres, so the contribution to GDP wasn't that large since we import those materials.
1
3
309
Australia's wage price index rose 3.3% over the past year, compared to consumer prices climbing 4%.
So unless you've received a promotion or changed jobs recently - and I certainly haven't - then there's a good chance your salary buys a lot less than it used to #auspol
1
1
14
652
Callam Pickering retweeted
Another sign that the graduate market is generally healthy is low job search volumes. It’s a sign that friction in the grad market remains relatively low. Grads continue to find jobs quickly, requiring fewer job searches than in the years before the post-pandemic job boom.
2
4
10
1,061
Callam Pickering retweeted
A lot of speculation recently that AI is impacting demand for graduates leaving school.
In Australia, we aren't seeing that in the data. Yes, graduate demand in occupations with high-exposure to AI have slipped, but the timing was too early to be driven by AI #auspol
2
1
7
818
Another sign that the graduate market is generally healthy is low job search volumes. It’s a sign that friction in the grad market remains relatively low. Grads continue to find jobs quickly, requiring fewer job searches than in the years before the post-pandemic job boom.
2
4
10
1,061
We aren't seeing any distress among graduate jobseekers. If the graduate market was generally weak, we'd see a surge in jobseeker searches as graduates search and fail to find work. There's no sign of that right now.
5
404
A lot of speculation recently that AI is impacting demand for graduates leaving school.
In Australia, we aren't seeing that in the data. Yes, graduate demand in occupations with high-exposure to AI have slipped, but the timing was too early to be driven by AI #auspol
2
1
7
818
At best, you could claim that AI may have contributed to the high-exposure share moving from 41% in 2024 to 36% last year. But in early 2026 - that share has climbed slightly to 37%.
1
2
289
If AI was the main contributing factor, then I'd expect a bigger move this year. The tools are more widely implemented, more sophisticated and capable. But we aren't really seeing that.
IMO earlier overhiring, persistent economic weakness are more likely drivers than AI.
2
226
Employer demand for graduates has slipped in recent years, but remains well above pre-pandemic levels. Early signs in 2026 is that demand has stabilised, maybe even slightly improved on last year #ausbiz
See more: hiringlab.org/au/blog/2026/0…
2
290
Callam Pickering retweeted
Rising fuel prices don't just hit consumers directly, but also indirectly as an input into other goods & services.
Indirectly, fuel accounts for around 2-2.5% of the domestic cost of other goods & services in the CPI.
Although in travel it's naturally much higher #ausbiz
1
2
9
2,706