Jobs growth not quite as robust as statistics suggest

By Mark Mulligan
Updated February 12 2016 - 12:08am, first published February 11 2016 - 11:39pm
Growth in healthcare jobs is helping to drive down unemployment rate. Photo: Peter Braig
Growth in healthcare jobs is helping to drive down unemployment rate. Photo: Peter Braig
Nominal wages are being held down by a range of factors. Photo: ABS
Nominal wages are being held down by a range of factors. Photo: ABS
Australia's transition away from mining to services is creating jobs Photo: ABS
Australia's transition away from mining to services is creating jobs Photo: ABS

Australia's labour market is not expanding as quickly as official figures suggest, according to HSBC, but jobs growth in service industries is more than compensating for the mining downturn.

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