CANBERRA: Australian employment rose by 10,800 in April in seasonally adjusted terms, narrowly missing expectations for an increase of 12,000. Despite the small headline miss, the number of employed Australians rose to 11.917 million, the highest level on record. Over the past year employment increased by 2.1%.
According to the Australian Bureau of Statistics (ABS), full time employment fell by 9,300, following a 10,100 decrease in March. Helping to offset that decline, part time employment rose by 21,300.
Over the past 12 months full time employment increased by 83,800, overshadowed by 160,900 gain in part time employment. In percentage terms, full time employment grew by 1.04%, more than four times slower than part time employment which grew 4.48%.
