Aussie job numbers surprise but will it continue?

18 May 2017

 

Australia’s latest employment figures appear to be good on the surface but the reaction among economists has not been unanimous. The ABS released employment estimates which indicated Australia’s unemployment rate fell from 5.9% to 5.7% in April. In some months the unemployment rate can drop purely because the participation rate falls. On this occasion, the participation rate was steady at 64.8 and the total number of people employed in Australia...

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