Higher consumer spending in the hospitality and clothing sectors, and the addition of 40,000 jobs to the economy in May, are signs of growth.

Australia's unemployment rate slipped to 4.4 per cent in May, down from 4.5 per cent in April, in seasonally adjusted terms.

Higher consumer spending in the hospitality and clothing sectors, and the addition of 40,000 jobs to the economy in May, are signs of growth.