Business
Unemployment falls 0.2 per cent in April to 5.5 per cent – NEWS.com.au
Unemployment falls 0.2 per cent in April to 5.5 per cent
Australias unemployment rate has fallen to 5.5 per cent, according to latest figures.The end of the federal government’s JobKeeper wage subsidy in March was expected to create a cliff that would plunge thousands of workers onto welfare.
But the number of Australians in work fell only marginally by almost 30,600 between March and April, to remain just over 13 million.
The jobless rate fell by 0.2 percentage points to 5.5 per cent, according to Australian Bureau of Statistics (ABS) data released on…
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