Labour Market Hours Worked Are The Key Number for Property Investors
Labour Market figures show hours worked are down and wages rises not keeping pace with inflation. Property investors need to take notice of these numbers as they show the importance of have blue chip long term tenants.
Unemployment eases to 5.6 per cent, but full-time jobs lost – ABC News (Australian Broadcasting Corporation)
Unemployment falls to 5.6pc in July after June figure revised up to 5.7pc
27,900 jobs were added to the economy last month: an increase of 48,200 in part-time, a fall of 20,300 full-time jobs
The proportion of the population in employment is the highest since April 2013 Via abc.net.au
Labour Market Statistics by state