Australian Economy Australian interest rates

As good as it gets for labour market?

Thursday, 13 September 2018

Via Damien Boey at Credit Suisse:

Another upside surprise in employment data

Headlines from the August labour market report were very positive. Employment came in above expectations, rising by 44K in August. Full-time employment led the way, rising by 33.7K over the month, while part-time employment rose by a solid 10.2K.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.