Story perspectives

Job Market Woes: Workers Brace for Long Searches

9/10/2025

25 6

Summary

Story summary

A survey by Employment Hero indicates that over half of employees in small and medium businesses anticipate job searches lasting more than three months if laid off.
The job market for 18 to 24-year-olds has improved due to casual roles, while 64% of workers over 55 are skeptical about quick reemployment.
Various sectors, including construction and accommodation, reported a loss of 10,000 jobs since December 2023.
Provincial areas experience significant job losses despite a robust farming sector.
Economists foresee ongoing labor market weakness, with recovery expected by early 2026.

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Story summary

A survey by Employment Hero indicates that over half of employees in small and medium businesses anticipate job searches lasting more than three months if laid off.
The job market for 18 to 24-year-olds has improved due to casual roles, while 64% of workers over 55 are skeptical about quick reemployment.
Various sectors, including construction and accommodation, reported a loss of 10,000 jobs since December 2023.
Provincial areas experience significant job losses despite a robust farming sector.
Economists foresee ongoing labor market weakness, with recovery expected by early 2026.