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Unemployment rate falls to 5.8 per cent, down from 6.3 per cent – ABC News
The national unemployment rate falls to 5.8 per cent, with economists hailing evidence that the labour market is improving much faster than most people expected
Australia’s unemployment rate fell to 5.8 per cent in February, down from 6.3 per cent.
- The number of Australians with jobs is almost back to pre-pandemic levels
- Women secured three quarters of the new jobs in February
- One economist says “the jobs lost in the early months of the coronavirus pandemic have now been fully replaced”
Economists said it was a surprisingly large fall, and provided evidence the labour market was improving much faster than most people expected.
An extra 88,700 people found…
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