The Australian jobs report spat out to excellent headline results:

Both employment change and unemployment beat expectations easily. Its these two pieces of encouraging news that are being picked up in media reports.

The item in the report that was less than good was the decline in the full time jobs number, as I points out in that post above.

However, balance that against t what some very astute analysts are pointing out, for example, WPAC:

The Australian jobs report spat out to excellent headline results:

"Stellar" report ....