World

Tue Apr 12

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.

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