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Unemployment and underemployment fall as COVID recovery continues – ABC News

Both unemployment and underemployment continue their downward trends as a jobs rebound in Victoria leads Australia’s economic bounce back from COVID-19.

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Both unemployment and underemployment have continued their downward trends in further positive signs that Australia’s economy is bouncing back quickly from COVID-19.
Key points:

  • Employment rose for the fourth consecutive month, leaving unemployment lower at 6.4 per cent
  • Underemployment fell and is now below pre-pandemic levels at 8.1 per cent
  • Victoria led the jobs recovery, and now has a smaller gap to pre-COVID employment levels than the Australian average

The official jobless rate dipped again from…

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