Jobless Rate to Stay Low Despite Looming Economic Woes

Jobless Rate to Stay Low Despite Looming Economic Woes
A man uses his phone to record a job add posted on a notice board at a backpacker hostel in Sydney, Australia on May 9, 2016. REUTERS/Steven Saphore
AAP
By AAP
Updated:

The jobs market is expected to hold in its strong position for another month despite a dire warning about the trajectory of the Australian economy.

The March labour force report from the Australian Bureau of Statistics will follow several months of ultra-low unemployment levels despite the Reserve Bank delivering a series of interest rate hikes since last year.

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