Australian bedpan jobs boom

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The Australian Bureau of Statistics (ABS) has released its experimental labour market accounts for the December quarter, which reveals that healthcare and social assistance continued to drive jobs growth in calendar year 2019, with the number of jobs in this industry surging 5.3% year-on-year:

Much of this latest increase can be attributed to the ongoing rollout of the $22 billion a year National Disability Insurance Scheme.

According to the ABS, the healthcare and social assistance industry accounted for 13.2% of all filled jobs across Australia, way ahead of second-placed retail (9.7%):

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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.