Jobs market hits wall after record surge

Original article by David Uren
The Australian – Page: 4 : 20-Apr-18

Official data shows that the number of full-time jobs in Australia fell by 7,500 in the March quarter, although 43,000 part-time jobs were created. The economy added 4,900 jobs in March, compared with market expectations of 20,000. Despite the economy’s failure to sustain the momentum that saw more than 430,000 jobs created in the year to January, Employment Minister Michaelia Cash argues that growth in both full and part-time employment is higher than a year ago. She adds that 996,800 jobs have been created since the Coalition won the 2013 federal election.

CORPORATES
AUSTRALIAN BUREAU OF STATISTICS, AUSTRALIA. DEPT OF JOBS AND SMALL BUSINESS, JP MORGAN AUSTRALIA LIMITED, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB

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