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Part-time job growth outpaces full-time hiring in Australia

The Australian workplace is changing, as businesses employ more cost effective part-time workers, according to a new report by IBISWorld. The study shows over the past five years, flexible employment has risen 2.8 percent a year, much faster than full-time job growth of 1.5 percent.

"Many savvy Australian employers are using work-life balance to attract and retain staff, boost morale and increase productivity," said IBISWorld General Manager (Australia), Karen Dobie.

The global research firm expects this trend to continue, predicting flexible jobs growth of 2.8 percent per year, over the next five years, compared with full-time growth of 1.8 percent per year.

(Source: CNBC)