David Peake's blog

It is only a year since the Global Financial Crisis (GFC) plunged most wealthy nations into recession. Australia escaped a ‘technical recession’ but unemployment rose by one third. Young people were among the worst affected because employers put new hires on hold, waiting for the economy to improve. This meant that many education leavers could not find work and many young people lost their casual jobs. Many young people who were unable to find a secure job last year are still out of work, because employers are reluctant to hire people who lack recent work experience.