ABS employment in detail: Persistent labour market slack

Thursday 22 March 2018

As summarised earlier, the Australian Bureau of Statistics (ABS) today released its labour force report for February, which registered a 17,500 increase in total employment and an increase in the headline unemployment rate from 5.5% to 5.6%.

In trend terms, the unemployment rate rose marginally from 5.50% to 5.52%:

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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.