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Prime Minister Julia Gillard announced a $1 billion jobs package on Feb 17 aimed at the country’s struggling manufacturing sector.
The biggest drag on the economy was the 4.4 per cent deterioration of public spending—including a sharp 18.8 per cent fall in public investment.
The index monthly components revealed a searing weakness in the Australian economy.
March saw an increase of 15,800 full-time employed and 28,200 person rise of part-time employment.