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Thank immigration collapse for 48-year low unemployment

May 20, 2022 - 00:10 -- Admin

Yesterday, the Australian Bureau of Statistics (ABS) released labour market data for April, which revealed that Australia’s unemployment rate (3.9%) fell to its lowest level since August 1974, whereas the underemployment rate (6.1%) fell to a fresh 14-year low: While stimulus prevented the economy from sliding into a deep recession, it has merely filled the

The post Thank immigration collapse for 48-year low unemployment appeared first on MacroBusiness.

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