Australian Employment Stats

[mullokintyre]

The OZ economy seems hotter than the experts predicted.
The best part is that the majority of the positions created were Full time rather part time, reversing recent trends.





Effectively puts paid to any chance of a rate cut on Cup day.

Mick

 

[mullokintyre]

In a sign that will somewhat please the RBA board, the growth in Oz employment is slowing to a crawl.
A good part of the trend is the continuing increases in full time employment compared to part time.
The bad part is that 75% of all the jobs created are in government aligned industries.