Is WA’s labour market recovering?

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By Leith van Onselen

Yesterday’s labour force release from the ABS revealed that Western Australia’s unemployment rate fell sharply, falling from 5.9% in April to 5.5% in May – the second lowest unemployment rate in the nation:

This has left some pundits questioning the veracity of the data. From The ABC:

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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.