Australia's unemployment rate of 4% is good news – and set to get even better by polling day
- Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University
When Labor leader Anthony Albanese couldn’t say whether the unemployment rate was 5% or 4% on Monday, he might have had a point.
It’s 4%. But for a decade – the entire decade leading up to COVID – it never strayed too far from five-point-something per cent.
Melbourne University labour market specialist Jeff Borland points out...
