The Australian Bureau of Statistics Jobs data showed a loss of 5,000 jobs in the Australian economy in September yet despite this the unemployment rate remained steady at 6.2 per cent thanks to a reduction in the official participation rate.

Whilst these numbers are disappointing after four months of positive jobs growth, the construction sector remains one of the bright lights of the Australian job market. Former ABS Head Bill McLennan has stated that the current jobs data is “not worth the paper it is written on” due to perceived…