The latest payroll jobs figures continue to point to a tightening labour market, although they are growing at a slower pace compared to the first half of 2021.
The Australian Bureau of Statistics said payroll jobs rose 0.2 per cent in the month to May 14, recovering from a fall linked to Easter and the school holidays in April.
"The growth in payroll jobs during the first half of 2022 continues to be slower than the first half of 2021, when the labour market was recovering from the shocks that occurred in the first year of the pandemic," ABS head of labour statistics Bjorn Jarvis said.
