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Australia's job creation almost as fast as US

But diverging demographics have sent jobless rates in opposite directions

STEADY STREAM: Part of the divergence on unemployment is due to Australia's relatively rapid population growth, which at 1.5 per cent is among the highest in the rich world and more than twice that of the US.


AUSTRALIA is creating jobs at almost the same pace as US's standout labour market, yet diverging demographics have sent unemployment rates - and the public mood - in opposite directions.

The latest breakdown on employment by industry from the Australian Bureau of Statistics