Full-time employment has risen by 38,400 in June, as unemployment steadies an employment uptake increases.
Employers added 7,900 workers in June, latest ABS data reveals, a modest gain after a surge in full-time hiring.
Meanwhile the unemployment rate has remained in line with forecast figures at 5.8% for the last month, suggesting a stable and sustainable economy.
All up a total of 38,400 full time jobs were created, bringing annual gains in employment up to 225,000 for the past nine months – underpinning the resilience of the Australian economy despite some global headwinds.
The strongest states nationwide are NSW and Victoria, whilst resource-dependent states have suffered the most.
These factors continue to underpin the resilience and strength in the Melbourne and Sydney property markets – our expected top 2 markets for the next 12 months.
