Job mobility rates at highest levels in a decade

Almost one in every 10 Australian workers changed jobs in the 12 months to February this year, new data from the Australian Bureau of Statistics reveals.

The new figures released today show that 9.5 percent or 1.3 million Australian workers changed their employer or business, the highest level in a decade.

ABS head of labour statistics, Bjorn Jarvis, said job mobility had slowed over the pandemic.

“Job mobility in Australia has generally been trending down for decades and reached a record low of 7.5 percent during the first year of the COVID-19 pandemic,” he said. “While the 2023 figure might be higher, and is in fact the highest it’s been since the early 2010s, it’s still relatively low compared to earlier decades.”

While job mobility was highest among labourers, machinery operators and sales workers, Mr Jarvis said workers were more inclined to change industries than occupations.

“People were more likely to change their industry, at 58 per cent, than their occupation, which was 44 per cent, in the year ending in February 2023,” Mr Jarvis said.

Younger workers continued to represent the highest levels of those seeking new roles, with 14.9 of 15 to 24 year olds changing jobs. At the other end of the workforce, those in the 45 to 64 year old age bracket were less inclined to move, with 5.9 percent moving on from their previous job or business.

The ABS also found that there were 1.8 million Australians who identified as potential workers, including 510,000 unemployed people and 1.3 million not in the labour force.

Porsche car deliveries fell 10% in 2025 as demand was hit by a slowdown in luxury spending in China and as it ceased production of its 718 Boxster and 718 Cayman models through the year.

The German luxury sports-car maker said Friday that it delivered 279,449 cars in the year, down from 310,718 in 2024.

The company had a tumultuous year as it contended with a stuttering transition to electric vehicles and a tough Chinese market, while the Trump administration’s automotive tariffs presented a further headwind.

Deliveries in its largest sales region of North America were virtually flat at 86,229, but continued challenges in China meant deliveries in the country dropped 26% to 41,938 vehicles.

Automakers have faced intense competition in China, sparking a prolonged price war as rivals cut prices to win customers, while a lengthy property market slump and economic-growth concerns in the country has also led to buyers pulling back on luxury spending.

“Key reasons for the decline remain the challenging market conditions, particularly in the luxury segment, and the very intense competition in the Chinese market, especially for all-electric models,” the company said.

Other German brands including Audi, BMW and Mercedes-Benz have all recently reported that the challenging Chinese market hit demand last year.

In Europe, Porsche deliveries fell 13% to 66,340 cars excluding its home market of Germany, while German deliveries dropped 16%.

The company cut guidance several times last year as it warned of hits from U.S. import tariffs, investments in new combustion engines and hybrid models amid the slow uptake of EVs, and the competitive situation in China.

Porsche also last year announced plans to scale back its EV ambitions and instead expand its lineup with more gas-powered and plug-in hybrid models than it had originally planned.

However, in its statement Friday, the company said it increased its share of electrified-vehicle deliveries in the year. Around 34% of vehicles delivered worldwide were electrified, an increase of 7.4 percentage points on year, with about 22% all-electric vehicles and 12% plug-in hybrids.

That leaves its global share of fully-electric vehicles at the upper end of its target range of 20% to 22% for 2025.

In Europe, for the first time in 2025, more electrified vehicles than purely combustion engine vehicles were delivered.

The Macan topped the delivery charts in the year, while the 911 reached a record high with 51,583 deliveries worldwide, it said.

Porsche said it is investing in its three-pronged powertrain strategy and will continue to respond to increasing demand for personalization requests from customers.

“We have a clear focus for 2026,” Sales and Marketing Chief Matthias Becker said. “We want to manage supply and demand in accordance with our ‘value over volume’ strategy.

“At the same time, we are realistically planning our volume for 2026 following the end of production of the 718 and Macan with combustion engines.”

Job mobility rates at highest levels in a decade

Having trouble finding and keeping staff? You’re not alone, new figures show

The sports-car maker delivered 279,449 cars last year, down from 310,718 in 2024.