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Unemployment rate still falling as COVID economic recovery continues – ABC News

The unemployment rate continues to fall, with another 70,700 jobs added in March, according to official estimates.

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Australia’s unemployment rate has continued to fall, with another 70,700 jobs added in March, according to official estimates.
Key points:

  • The unemployment rate fell from 5.8pc in February to 5.6pc in March
  • Unemployment is now just 0.4 of a percentage point higher than it was before the COVID-19 pandemic was declared
  • These ABS numbers relate to employment over the first two weeks of March, before JobKeeper ended

The latest ABS figures put unemployment at 5.6 per cent, just 0.4 of a per cent above…

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