The ABS has just released Labour Force for February and which reported no change in the headline unemployment rate (still 5.4%), but a seasonally-adjusted 71,500 increase in jobs across the economy, with a 17,800 increase in full-time jobs supplemented by a 53,700 increase in part time jobs. The participation rate rose 0.3% to 65.3%.
The dollar spiked three-quarters of a percent.
More to come from the Unconventional Economist.
Apologies for earlier wrong figures. Had a data meltdown.
