Summary: Employment up just 4,000 in April, less than expected; unemployment rate at lowest since 1974; participation rate slips from 66.4% to 66.3%; jobless rate steady at 3.9% after revisions; fewer part-time, more full-time jobs; aggregate work hours up 1.3%; large number of part-time workers shifting to full-time classification; underemployment rate down from 6.3% to 6.1%. Australia’s period of falling unemployment came to an end in early 2019 when the...