Quick post on Employment Growth

Full Time and Part Time Job Growth since January this year.  You can see both trends are particularly volatile.  FTE is on a solid downward swing and PTE is on a comfortable upward swing signifying significant loss of income for those losing their full time jobs and either finding no jobs or entering the part-time workforce.  This of course translates to a loss for economic growth as well, economic growth will be much less than it could otherwise have been.  We will see these numbers in the June Quarter release of the National Accounts in September.

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