Australia's coming jobs boom

Not only will the 'end of the mining boom' barely register in Australia’s unemployment figures, but the surging residential construction sector is already boosting jobs growth.

We haven’t had a bad year so far in terms of jobs growth. Total jobs are up 110,000 with most of that, 94,000, full-time. That’s not to say that this is strong growth or anything, but it is an above-average clip -- and a good deal better than some of the more alarmist commentary out there would have us believe. Consistent with our above-trend pace of growth I guess. At this rate we’ll be looking at more than 200,000 jobs created for the year.

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