Breaking News: Latest ABS data reveals youth unemployment between ages 15-24 at 11.3%, more than double the national rate. New Employment Services report finds 1 in 5 jobseekers have been in the system for 5 years or more. In the past decade full time jobs for young people under 24 years has dropped by 18.1%. A recent survey by the Australian Industry Group found 39% of employers said their businesses were highly affected by low levels of literacy and numeracy.