Westpac first note that the January 2018 month records the longest streak of employment gains with a 16th consecutive positive print
And:
Overall, January's update continues the run of positive employment prints and leading indicators suggest a solid period of employment growth continuing in the near term, moderating from the brisk pace of 2017.
Yet questions remain for the labour market as to whether changes in participation will continue to match employment growth, and where the level of NAIRU sits - the rate that we start to see wage pressures come through
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Yep ... while wage growth was not a part of today's release, its mvery slow in ozzAustralia (as it seems to be in many places)
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