Workers remain in short supply, but the anticipated uptick in migration will likely help businesses fill some of their empty roles.
The extreme labour market tightness of last year is expected to continue into 2023, with the Australian Bureau of Statistics due to release its January jobs data on Thursday.
The unemployment rate hovered around 50-year lows for much of last year, landing at 3.5 percent in December.
The logo of job seeking website ‘Seek’ is seen on a screen in Canberra, Australia, Feb. 21, 2017. (AAP Image/Lukas Coch)
The jobs data will be watched keenly by the central bank because of the relationship between the tight labour market and higher wages, which can feed into inflation….