The one thing that we can expect with some confidence this year is an increase in unemployment. An analysis of Australian employment statistics for 2013 shows that jobs growth was at its lowest level for more than 20 years.
Last year, unemployment increased by more than 5000 people a month. In the month of December, the economy lost 23,000 jobs, making last year the weakest calendar year of jobs growth since 1992. The number of officially unemployed increased by more than 9% to 722,000.