Summary: Employment down 40,900 in July, contrasts with expected 25,000 gain; employment still 108,000 higher than three months ago; worker absenteeism linked to COVID, influenza season “keenly felt”; participation rate falls back from record high; jobless rate falls to 3.4%; more part-time, fewer full-time jobs; aggregate work hours down 0.8%; underemployment rate down from 6.1% to 6.0%. Australia’s period of falling unemployment came to an end in early 2019 when...