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Budget update forecasts unemployment falling to 4.25% by mid-2023

  • Written by: Michelle Grattan, Professorial Fellow, University of Canberra

Thursday’s budget update will forecast one million jobs will be created over the next four years and unemployment will fall to 4.25% by June 2023.

In an upbeat economic assessment, the Mid-Year Economic and Fiscal Outlook will estimate that more than 13.8 million people will be employed by June 2025. This is 150,000 more people employed...

Read more: Budget update forecasts unemployment falling to 4.25% by mid-2023

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