Unemployment remains at 3.9% as the labor market continues to strengthen
Australia’s labor market has continued to strengthen, with unemployment remaining at 3.9% last month and underemployment falling to a 14-year low. Key points: The underutilization rate has reached a minimum of 40 years The unemployment rate remained at 3.9% in May, with strong growth in full-time jobs The participation rate reached a new record high …
Unemployment remains at 3.9% as the labor market continues to strengthen Read More »