ABS Labor Force is out for March and the news is still pretty good:
MARCH KEY POINTS
TREND ESTIMATES
- Employment increased 20,700 to 12,790,000 persons. Full-time employment increased 18,000 to 8,781,800 persons and part-time employment increased 2,700 to 4,008,200 persons.
- Unemployment increased 3,000 to 675,700 persons.
- Unemployment rate remained steady at 5.0%.
- Participation rate remained steady at 65.6%.
- Monthly hours worked in all jobs increased 4.3 million hours to 1,776.8 million hours.
SEASONALLY ADJUSTED ESTIMATES
- Employment increased 25,700 to 12,791,500 persons. Full-time employment increased 48,300 to 8,798,300 persons and part-time employment decreased 22,600 to 3,993,200 persons.
- Unemployment increased 17,100 to 680,000 persons.
- Unemployment rate increased 0.1 pts to 5.0%.
- Participation rate increased 0.1 pts to 65.7%.
- Monthly hours worked in all jobs increased 13.2 million hours to 1,785.4 million hours.
AUD up, bonds hosed. More to come.