Thursday, March 1, 2012

Fed: Employment surges again to record high

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Fed: Employment surges again to record high

By Krista Hughes, Economics Correspondent

CANBERRA, Jan 16 AAP - Businesses have put on the equivalent of a small city in extrastaff over the last two months, with new figures showing employment surging to a recordhigh.

Official figures showed employment snowballed in December for the fourth straight monthto 9.48 million, although increased numbers of jobseekers pushed the jobless rate up anotch to 6.2 per cent.

Most of the growth was in full-time work, the Australian Bureau of Statistics figuresshowing full-time employment jumped 49,500 in the month and pushed total employment upby …

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