ABS employment in detail: Botox boom rolls on

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By Leith van Onselen

As summarised earlier, the Australian Bureau of Statistics (ABS) today released its labour force report for October, which registered a soft 3,700 increase in total employment and a 0.1% decline in the headline unemployment rate to 5.4%.

In trend terms, the unemployment rate fell marginally from 5.48% to 5.45% – the lowest level since January 2013:

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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.