Young male Australians have been the main victims of the global financial crisis and the recession. According to Australian Bureau of Statistics, for the people in the age group 15-24, the change in full-time jobs between average of three months to July and the same period last year is -122,000 (-12%). In net terms, all the loss has been among men, not women. The people who are over 55 gained 66, 000 (6%) while the change of the people in the age group 25-54 is -66, 000 (-1%). The overall change is -122, 000 (-2%).