Autraia

Australia / Labour market continues to weaken

The summary ABS Labour Force (seasonally adjusted) estimates for July 2013 are: Employment decreased 10,200 (0.1 per cent) with full-time employment falling by 6,700 and part-time employment falling by 3,500. Unemployment decreased by 5,700 (0.8 per cent) to 705,400 but only because the labour force shrank on the back of a declining participation rate The … Continue reading →