DEEWR: Monthly Leading Indicator of Employment - December 2011

Date published : 7  December  2011 

DEEWR MONTHLY LEADING INDICATOR OF EMPLOYMENT

RESULTS
DEEWR's Monthly Leading Indicator of Employment (Indicator) has risen for the fourth consecutive month in December 2011. However, it is still too early to confirm that a quickening in employment growth (to a rate above its long-term trend of 1.8 per cent per annum) is in prospect, because the Indicator has risen for fewer than six consecutive months. In contrast, cyclical employment has now fallen for the tenth consecutive month.

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