Thursday, June 16, 2016

Jobless rate steady but full time jobs growth evaporates

Unemployment has remained steady at 5.7 per cent in May with the estimated addition of 17,900 jobs.

The participation rate, the proportion of people in work or looking for it, remained steady at 64.8 per cent.

However, the entire growth in jobs was in part-time work, with fulltime work remaining flat.

Here's my reading of the May jobs outcome broadcast on The World Today

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