Jobpulse: Feb 18, 2012 - Australia: nearly at full employment?
Jobpulse: February 18 2012 – Australia: nearly at full employment?
If 5% unemployment is a ‘full’ labour market then Australia is pretty much there, going on yesterday’s official job figures.
At 5.1%, unemployment is at its lowest level in six months, and the jump in new jobs was the highest in 14 months. The participation rate was also higher, at 65.3%, from 65.2% the previous month. So where are the jobs?
