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Unemployment drops to 6.6pc, with 50,000 people starting work in December
Australia’s official unemployment rate has fallen to 6.6 per cent as the country continues to recover from the coronavirus pandemic.
The latest figures from the Australian Bureau of Statistics (ABS) show 50,000 more people gained employment in December compared to November.
The unemployment rate peaked in July at 7.5 per cent.
Underemployment, workers who are going without as many hours of work as they need or want, fell almost 1 per cent from 9.4 per cent in November to 8.5 per cent in December.
More to come.
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