Business
Fall in unemployment raises likelihood Australian government will withdraw Covid support – The Guardian
The jobless rate fell to 6.6% in December and the participation rate lifted to 66.2% in a quicker than expected recovery
Australian economyThe jobless rate fell to 6.6% in December and the participation rate lifted to 66.2% in a quicker than expected recovery
Unemployment in Australia has fallen by 0.2% to 6.6%, a quicker than expected recovery that increases the likelihood economic supports will be withdrawn.
The addition of 50,000 jobs and 2m more hours worked in the month of December also drove the underemployment rate down to 8.5%, a further sign Australias economy has returned to growth despite the impact of…
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