ABS employment in detail: conditions fading
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As summarised earlier, the Australian Bureau of Statistics (ABS) today released its labour force report for March, which registered a 4,900 increase in total employment and a steady headline unemployment rate (still 5.5%).
In trend terms, the unemployment rate rose marginally from 5.54% to 5.56%:

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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.