The ABS has released its Labour Account for the March quarter, which reveals that the number of filled jobs fell for the first time since 2016, driven by losses in the private sector:
Filled jobs fell by 0.1 per cent and hours worked by 0.8 per cent between the December and March quarters…
Filled jobs decreased for the first time since September quarter 2016. This decrease was driven by a fall in jobs in the private sector (down by 0.1 per cent over the quarter), while public sector jobs increased by 0.8 per cent…
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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.
