ABS figures show good growth.
Trend employment has continued to show strong growth, according to figures released by the Australian Bureau of Statistics (ABS).
“The trend shows that around 302,000 more people were employed in January 2016 than in January 2015 and full-time employment growth was a bit stronger than part-time growth over the year, increasing by 169,800 people,” ABS general manager of macroeconomic statistics division, Bruce Hockman said.
The increase in employment has contributed to the trend employment to population ratio rising over the year from 60.7% to 61.4%, while the unemployment rate decreased over the year from 6.2% to 5.8%.