The Australian Bureau of Statistics released Australia’s labour account and quarterly experimental estimates for June 2019 today. During the period:
- The number of filled jobs was up by 67,400 to 14.3 million (considered in seasonally adjusted terms).
- Main jobs soared by 101,800 while the secondary jobs slumped by 34,400.
- Hours actually worked were up by 12.5 million to 5.4 billion (hours).
- The labour income was up by $2,515 million, consequently taking the avg. labour income per employed person to $19,065.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.
As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.