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AFR — Worker moves hit decade high as labour pool shrinks

Financial Review (AFR)
Since February 2021, over 1 million people have moved jobs, the highest annual job mobility rate since 2012. Interestingly, the recent rise in job mobility was more pronounced for women, jumping to 10.0% from 7.6% while for men it rose to 9.1% from 7.5%.

Since February 2021, over 1 million people have moved jobs, the highest annual job mobility rate since 2012. Interestingly, the recent rise in job mobility was more pronounced for women, jumping to 10.0% from 7.6% while for men it rose to 9.1% from 7.5%. Ms. Kris Grant, CEO of ASPL Group, shares with AFR, that employees who aren’t happy with their current employers will leave and, increasingly, they are using their bargaining power to ask for higher salaries. This will influence the mobility rate, which could go as high as 15 per cent by the end of 2022.

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