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1.Market Observations, 8.Was Sticky

16 Sept 2016 (AFR) – Jobless rate falls to 5.6pc – three year low

(16 September 2016, AFR, p7, by Jacob Greber)

‘The jobless rate fell last month to its lowest level in almost three years despite a decline in overall employment that has split the market on whether the labour market is in good health or not. Unemployment declined to 5.6 per cent from 5.7 per cent in July, the Australian Bureau of Statistics said on Thursday. Economists had anticipated an unchanged rate of 5.7 per cent. Overall employment dipped by…’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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