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14 Mar 2014 (AFR) – Job creation hits two-year high

on March 18, 2014

Aussie Business Barometer

(14 March 2014, AFR, p7, Jacob Greber Economics correspondent)

‘Despite doubt about the accuracy of the latest official jobs data, economists say the labour market appears to be shaking off a funk of almost two years. The biggest surge in full-time jobs since 1991 and a robust 47,300 increase in total employment last month confounded even the most optimistic forecasts and reignited hopes the economy is gathering strength thanks to record-low official interest rates.’

Read more at AFR.com (might need AFR login access).

Source: AFR.com :-

One explanation for the improving trend is the fact companies in sectors such as services, which accounts for four in five jobs, are starting to invest.

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