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Australian labour force participation rate at all-time high
The trend participation rate increased to a record high of 65.7 per cent in March 2018, according to latest figures released by the Australian Bureau of Statistics (ABS) today. "The labour force participation rate now sits at 65.7 per cent, the highest it has been since the series began in 1978, indicating that the population is participating in the labour market at a record high level," the Chief Economist for the ABS, Bruce Hockman, said. In line with the increasing participation rate, employment increased by around 14,000 persons. Part-time employment increased by 13,000 persons and full-time employment by 1,000 ... (full story)
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