Let's take a look at today's release in four short parts...
Part 1 - Total Employment
It's worth noting that the seasonal adjustments have been decidedly dodgy of late and trend jobs growth was notably weaker at only 7100 for the month to be up by 134,000 over the year.
So, a better month, but still two more interest rate cuts will be needed in all likelihood.
Part 2 - The Jobs Added
The monthly result was therefore not quite as strong as suggested by the headline result.
Part 3 - State Versus State
Whether or not South Australia is in a technical recession is rather a moot point - the fact is that the local labour market is in a desperately weak condition which will be reflected in slow growth and ultimately declining population growth from an already weak position.
South Australia's economy has fairly consistently now been chewing up and spitting out jobs for three years consecutively, and this ahead of the terminal decline of the automobile manufacturing sector.
We have not seen the Australian unemployment rate at the 6.3 percent level in more than a dozen years since September 2002.