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Joseph Ballota
By Joseph Ballota
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Number of people with multiple jobs reaches a record high in June quarter

How many jobs do you hold down?

Interestingly, the number of multiple job holders reached a record high of 900,000 people in the June quarter of 2022, an increase of 4.3 per cent, according to the latest figures released by the Australian Bureau of Statistics (ABS).

Multiple Job Holders 14 September

Ms Lauren Ford, Head of Labour Statistics for ABS shared her insights:

"Around 900,000 people worked multiple jobs in the June quarter – 6.5 per cent of all employed people.

This is the highest rate since the quarterly series commenced in 1994, and about 0.5 percentage points above its pre-pandemic level.

Along with the 4.3 per cent increase in the number of multiple job holders, the number of jobs worked as secondary jobs also increased, by 5.5 per cent, and passed 1 million for the first time.

This highlights that some people work more than two jobs at the same time.”

In fact, the number of filled jobs also reached a record high of just under 15 million, an increase of 2.2 per cent in the June quarter.

Jobs

There was also a 14.3 per cent increase in vacant jobs.

Hours worked also increased by 2.9 per cent for the June quarter, following the fall in the March quarter associated with the initial impacts of the Omicron variant and floods in Eastern Australia.

Ms Ford said:

“Along with the 4.3 per cent increase in the number of multiple job holders, the number of jobs worked as secondary jobs also increased, by 5.5 per cent, and passed 1 million for the first time.

This highlights that some people work more than two jobs at the same time.

The high number of both filled jobs and vacant jobs reflects the continued strong demand for workers across the economy, coupled with widespread labour shortages."

Vacant jobs

Job vacancies also increased by 14.3 per cent to 480,000 vacant jobs, to reach a record high.

This was more than double the number of vacant jobs before the start of the pandemic.

Ms Ford further explained:

“Labour shortages reflected the continued demand for workers across Australia, with vacant jobs in the June quarter accounting for 3.1 per cent of all jobs. Over the decade before the pandemic, vacant jobs generally accounted for around 1.4 per cent of all jobs."

Industry

Filled jobs increased in 16 of the 19 industries, with the arts and recreation services industry seeing the largest increase (up 10.3 per cent).

On the other hand, the largest decline was in manufacturing, which fell by 1.6 per cent.

Multiple Job Holding By Industry 14 September

Multiple job holding rose in all industries in the June quarter of 2022.

The largest increase in the number of multiple job holders was in arts and recreation services (16.3 per cent more people) and information media and telecommunication (up 11.8 per cent).

Arts and recreation services also had the highest multiple job holding rate, increasing by 0.4 percentage points to 8.9 per cent in the June quarter.

The rate was lowest in electricity, gas, water and waste services, at 3.5 per cent.

Source of commentary and charts: ABS

Joseph Ballota
About Joseph Ballota Joseph is a Property Coach who put hundreds of people on the road towards wiping away their mortgage in under 5 years through expert Property Investment Plans.
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