Business
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…
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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