Australia's jobless rate at its lowest since 1974
- Written by Jeff Borland, Professor of Economics, The University of Melbourne
ShutterstockIt’s not an academic way to start an article about Australia’s latest jobs numbers, but all I can think is “wow”.
The official unemployment rate in June fell to 3.5%. It’s almost 50 years – August 1974, to be exact – since it was lower.
How we got there was through more people getting hired:...
Read more: Australia's jobless rate at its lowest since 1974
