Amid the lockdown gloom, Australia's jobless rate hits decade low of 4.9%
- Written by: Richard Holden, Professor of Economics, UNSW
In other circumstances Treasurer Josh Frydenberg might be dancing a jig.
But the pall of the Greater Sydney lockdown, which has now spilled over to Melbourne declaring its fifth lockdown, meant there was no room for smiling yesterday about the latest jobs figures, showing Australia’s unemployment rate in June fell below 5% for the first time...
Read more: Amid the lockdown gloom, Australia's jobless rate hits decade low of 4.9%
