Article 64Y08 Australia’s jobless rate is steady as she goes – and so too is the economy

Australia’s jobless rate is steady as she goes – and so too is the economy

by
Peter Hannam
from on (#64Y08)

Unemployment has come in at 3.5% for the second month in a row. That's good news for economic growth - if people have jobs, they're more likely to spend

September's jobless figures may have remained steady, but a deeper dive shows the seemingly dull and inert data is worth a closer look.

The labour market numbers from the Australian Bureau of Statistics are, on the face of it, almost as steady as is statistically feasible.

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