A record share of Australians are either working or looking for a job as the labour market holds up in the face of a rapidly cooling economy, keeping pressure on the Reserve Bank of Australia to maintain high interest rates.
About 58,000 people found work last month, the Australian Bureau of Statistics (ABS) said on Thursday.
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Michael Read is the Financial Review's economics correspondent, reporting from the federal press gallery at Parliament House. He was previously an economist at the Reserve Bank of Australia and at UBS. Connect with Michael on Twitter. Email Michael at michael.read@afr.com
