Unemployment figures ends the year on a positive note_1


Australia's unemployment rate edged down for the second consecutive month to end 2019 at 5.1 per cent, its lowest level since March last year.

The improvement was driven by a solid gain of almost 29,000 jobs over December, however this was entirely due to part-time opportunities.

Full time employment fell by 300 jobs over the month.

Australian Bureau of Statistics chief economist Bruce Hockman noted full-time employment growth (1.5 per cent) remained below the average annual growth over the past 20 years while and part-time employment growth (3.2 per cent) was above the average annual growth

"While there has been stronger growth in part-time employment over the past year, the underemployment rate is still where it was last December, at 8.3 per cent," said Mr Hockman.

More to come.

-ABC