Latest ABS figures show the labour market added 116,000 jobs defying signs of weakness since September
Australia’s jobless rate dived to 3.7% in February as employers shrugged off signs of an economic slowdown to boost staff numbers by triple the level expected.
The unemployment rate last month fell from 4.1% in January, the Australian Bureau of Statistics revealed on Thursday. Economists had expected the jobless rate to come in at 4.0%.
Continue reading…Latest ABS figures show the labour market added 116,000 jobs defying signs of weakness since SeptemberAustralia’s jobless rate dived to 3.7% in February as employers shrugged off signs of an economic slowdown to boost staff numbers by triple the level expected.The unemployment rate last month fell from 4.1% in January, the Australian Bureau of Statistics revealed on Thursday. Economists had expected the jobless rate to come in at 4.0%. Continue reading…