Just in from The ABS:
A soft report on the surface, with jobs growth and hours worked remaining weak.
Analysts expected 20,000 jobs growth over the month, so this was a big miss.
Detailed report to come…
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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.
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