Why finding work is like online dating | The Business | ABC News

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As Australia's unemployment rate rises, finding a job is becoming more challenging. Some Jobseekers describe the process of applying for work like online dating, where recruiters 'swipe left' and applicants are 'ghosted' or ignored despite putting in hundreds of job applications. Australia's unemployment rate rose to 4.1 per cent in January, from 4 per cent in December. According to the ABS, 44,000 jobs were added in the month, driven by an increase in full-time employment. The number of unemployed increased by 23,400 people. Most of the employment gains reflected rises for working women. More people decided to look for or found work - pushing the participate rate to a record high. But the jobs market could get tougher, with expectations the jobless rate will rise. Already fashion brands owned by Mosaic group - owner of Noni B, Millers, Rivers and Katies retail chains - have collapsed. And more employers are axing staff. Westpac has just announced 190 job losses, and thousands could go in Victoria's public sector in the coming weeks. The one silver lining, according to recruiters and economists, is interest rates. They anticipate the Reserve Bank will likely cut the cash rate further in the coming months and that could boost confidence and intentions to hire. #ABCBusiness
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