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.
In February, the jobless rate returned to its 48-year low of 3.5 percent and employment bounced back to 64,600 after seasonal factors drove falls in both December and January.
While Westpac economists said there were signs of softening starting to appear in the jobs market, they expected it would take some time to show up materially in the labour force numbers….