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Australia Labour Force
Australia's trend estimate of employment increased by 27,100 persons in August 2017, with: • the number of unemployed persons decreasing by 2,200 persons; • the unemployment rate remaining steady at 5.6 per cent; • the participation rate increasing by 0.1 percentage points to 65.2 per cent; and • the employment to population ratio increasing by 0.1 percentage points to 61.5 per cent. Over the past year, trend employment increased by 307,300 persons (or 2.6 per cent). Over the same 12 month period the trend employment to population ratio, which is a measure of how employed the population (aged 15 years and ... (full story)
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Australian Employment Rises in August for Sixth Straight Month as Full-Time Jobs Surge
Australia’s employment picture improved in August for the sixth month running, as employers continued to add payrolls at a brisk pace. In seasonally adjusted terms, overall employment increased by 54,200 last month, following a revised gain of 29,200 in July, the Australian Bureau of Statistics said in a report on Thursday. That was more than triple the rate forecast by economists. The number of full-time jobs rose by 40,100, following a revised drop of 19,800 the month before. Part-time jobs by rose by 14,100. Jobs in this category rose at a revised rate of The jobless rate held steady at 5.6% last month, as ... (full story)
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