Bubble states drive part-time jobs boom

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By Leith van Onselen

As summarised earlier, the Australian Bureau of Statistics (ABS) has today released its labour force report for May, which registered a 17,900 rise in total employment but an unchanged headline unemployment rate of 5.7%.

The steady unemployment rate and jobs growth was roughly in line with analysts’ expectations.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.