Australia’s red-hot jobs market at its limit (in seven charts)

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Here are seven charts that put the latest labour force data from the Australian Bureau of Statistics in perspective.

Unemployment returned to a near-five decade low of 3.4 per cent in October after 32,200 people found work.

While the results were stronger than market expectations, there are tentative signs that the pace of gains is slowing as the economy operates at full capacity.Advertisement reports from the federal press gallery at Parliament House. He writes on financial services, politics and health. He was previously an economist at the Reserve Bank of Australia and at UBS.

 

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