Jobs data muddies water for RBA

17 March 2016

 

Australia created 300 jobs (net) in February, continuing a poor run of jobs growth in the past 3 months and delivering mixed news for the RBA on interest rates. The good news is there were 15,900 full time jobs created and the headline unemployment rate dropped from 6.0% to 5.8%. However 15,600 part time jobs were shed and a closer look at the numbers suggest the drop in unemployment was...

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