0410 GMT [Dow Jones] Australia's consensus-beating April jobs data consolidate evidence of a distinct pickup in trend employment after a soft patch last year, according to Deutsche Bank. "Having said this, there are some early signs that the pace of growth implied by these indicators may have reached a peak," Deutsche Bank economist Adam Boyton says. Recent falls in job advertisements lead him to conclude that "employment growth is unlikely to get any stronger than the current trend pace, maintaining pressure on the unemployment rate through 2014." (david.rogers@wsj.com; Twitter: @DRWSJ)
(END) Dow Jones Newswires
May 08, 2014 00:10 ET (04:10 GMT)
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