Jobless Rate Steady At 5.8 Pc In June

Minister for Jobs and Industrial Relations Kelly O'Dwyer acknowledged the "very strong" labour data and said ongoing strength in the labour market "should feed through to strong wages growth over time".

"The Government is not resting on its laurels," Ms Dwyer said. "We know that there is more to be done and that is why we're very proud of our record investment in infrastructure spending that will help continue to boost economic growth so that we can see even more full-time jobs created in the months ahead."Sponsored: Gambar Koala

The ABS also released its quarterly reading on underemployment, which measures the number of employed people who would like and are available to work additional hours, expressed as a share of the labour force.

Underemployment fell by 0.3 percentage points to 8.1 per cent in August, in seasonally adjusted terms, while the underutilisation rate - which adds the unemployment rate - fell by 0.4 percentage points to 13.4 per cent.

Source : https://www.afr.com/news/australian-jobs-boom-rolls-on-unemployment-rate-steady-20180913-h15bcb

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