### Summary
The combination of a record pace of immigration and slowing demand is leading to a rise in unemployment and lower wage growth in Australia, due to the Albanese Government's immigration policy.
### Facts
- Australia's civilian population aged over 15 years grew by 598,000 in the year to July, or by 2.8%, thanks to the Albanese Government's unprecedented immigration program.
- Labor supply growth (via immigration) is now twice as fast as before the pandemic, while labor demand is slowing.
- The number of applicants per job is increasing, signaling rising unemployment.
- Australia needs to create around 35,000 jobs per month just to maintain the current unemployment rate, which is unlikely given the current policy settings.
- Rising unemployment and lower wage growth are expected due to the combination of strong labor supply growth and slowing demand.
- The Albanese Government's extreme immigration policy is criticized for undermining working-class Australians while benefiting growth lobby mates.
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