Job market surges even as unemployment stays 'sticky'
Record job data underlies recovery.
Rob Hosking discusses the latest jobs data on NBR Radio and on-demand on MyNBR Radio.
Rob Hosking Wed, 06 May 2015
Soaring migration levels and low price inflation are keeping wage pressures low, while participation rate and hours work continue to climb.
Unemployment remains "sticky" at 5.8% – the same level as the previous quarter – but the labour force participation rate is, at 69.6% of the population, the
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