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Employment plummets but jobless rate falls to 4.5pc – The Australian Financial Review

Distortions in jobs data caused by lockdowns and government support mean there’s nothing to celebrate in the latest 4.5 per cent…

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The fall in employment was larger than market consensus of 100,000 jobs, and the shift in the unemployment rate also threw economists who had expected the figure to rise to 5 per cent.
NSW continued to lead the falls employment dropped by 173,000 jobs,…

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