The ABS has released its August labour market survey, which reported a 146,300 decline in jobs but a 0.1% reduction in the headline unemployment rate to 4.5% off a big 0.8% fall in participation:
The number of hours worked also dived by 3.7% and the underemployment rate rose by 1.0% to 9.3%.
According to Bjorn Jarvis, head of labour statistics at the ABS:
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