Australia's jobs' market appears to have regained its mojo with employment lifting by more than 50,000 in June, the strongest expansion since late last year.

Key points: Unemployment rate at 5.4pc the lowest level since late-2012

Unemployment rate at 5.4pc the lowest level since late-2012 50,900 new jobs added in June, around 80pc were full-time jobs

50,900 new jobs added in June, around 80pc were full-time jobs NSW and Queensland saw the biggest gains, while Victoria shed jobs

Importantly, the bulk of the jobs were full-time (+41,200), while there was more modest growth in part-time positions (+9,700).

With the participation rate — the number of people in work, or actively searching for work — ticking up, unemployment on a seasonally adjusted basis remained steady at 5.4 per cent.

The strong full-time work gain saw hours worked in June increase by 0.6 per cent, or 10.7 million hours, although hours worked per person remains largely unchanged over the year.

Treasurer welcomes improved youth employment

Treasurer Scott Morrison said, while the figures were strong across the board, the most pleasing aspect was the improvement in youth unemployment.

Youth unemployment nudged down to 11.3 per cent, the lowest rate since April 2012.

"With 95,200 young people getting a job in the last financial year, that is the best financial result in 30 years, since 1988/89," Mr Morrison said.

"These are excellent youth unemployment figures and it is great to see young people getting jobs, because a young person who is getting onto a job before the age of 24, that is a young person who doesn't look forward to a life on welfare."

Unambiguously strong

Employment economist Callam Pickering said the figures represented an unambiguously strong end to the financial year.

"Not only was employment growth strong, up 50,900 people, but over 80 per cent of that rise was due to full-time roles," Mr Pickering, the Asia Pacific economist for global job site Indeed, said.

"That is a welcome change from a rather poor first half for full-time employment."

Mr Pickering said while the unemployment rate has drifted down to its lowest point since late 2012, it is still too high.

"Broader measures of unemployment, such as the underutilisation rate, are still near their peak, suggesting that the unemployment rate is no longer the best measure of labour market tightness," he said.

"The end result is persistently weak wage growth, which continues to weigh on household debt and hampers the recovery. It's a huge problem for policymakers."

NSW and Queensland lead the way

New South Wales (+27,300 jobs) and Queensland (+14,800) accounted for the bulk of June's gain, while employment fell in Victoria (-6,600).

That saw Victoria as the only state or territory where unemployment rose, up 0.5 percentage points to 5.6 per cent.

Tasmania enjoyed the largest decrease in unemployment, down 0.7 percentage points to 5.8 per cent, while Queensland also saw a noticeable thinning in its jobless ranks.

RBA happier, but unmoved

RBC's Su-Lin Ong said employment growth at the current rate of 21,000 new jobs a month so far this year will have to be maintained to encourage meaningful wage rises.

"While the RBA would have welcomed today's data, it will be mindful of this capacity and the data are unlikely to change their narrative and base case for the unemployment rate to fall only gradually in the coming years," Ms Ong said.

"Today's data give us a little more comfort in our base case for a firmer labour market in 2018 after a wobbly start and supports RBA policy normalisation at some point, developments in funding and global growth — amid rising trade tension — work in the other direction."