ABS employment in detail: Botox Boom continues

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By Leith van Onselen

As summarised earlier, the Australian Bureau of Statistics (ABS) today released its labour force report for December, which registered a strong 34,700 increase in total employment but an increase in the headline unemployment rate (from 5.4% to 5.5%).

In trend terms, the unemployment rate fell marginally from 5.45% to 5.44% – 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.