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REPEAT: Australia Job Vacancies +6.0%, Biggest Since late-2010

Repeats Story Initially Transmitted at 01:46 GMT Sep 28/21:46 EST Sep 27
     SYDNEY (MNI) - From job vacancies data for the May-August period published
by the Australian Bureau of Statistics on Thursday:
                           May-August              February-May
---------------------------------------------------------------
                (seasonally adjusted)     (seasonally adjusted)
All Sectors                      +6.0  +3.3 (revised from +1.5)
Private Sector                   +6.1  +3.2 (revised from +1.3)
Public Sector                    +5.2  +4.5 (revised from +3.8)
     FACTORS: Job vacancies rose sharply in the May-August period following an
upward revision to the gain in the February-May quarter. The latest increase was
the largest since late-2010 and was due to a big jump in private sector jobs.
     TAKEAWAY: The data is consistent with strong employment growth in the
Australian Bureau of Statistics' monthly labor force surveys that saw a rise of
268,400 jobs in the first eight months this year, marking a monthly average gain
of around 33,000.
--MNI Sydney Bureau; tel: +61 2-9716-5467; email: sophia.rodrigues@marketnews.com
[TOPICS: MTABLE]

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