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1.Market Observations, 8.Was Sticky

19 May 2017 (TheAge) – Jobless rate down, but Australians are working fewer hours

(19 May 2017, The Age, p8, Peter Martin)

‘Australians are working less, even as more of us get jobs. The latest labour force figures show an extra 97,400 Australians found work in March and April – 60,000 in March and 37,400 in April.  Over the two months taken together, the majority of the new jobs were full time – 62,400 versus 35,000 part time. Yet the number of hours worked per month fell by 1.1 million. The change appears to have been caused by…’



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