Australia's official unemployment rate has dropped to three and a half per cent... with an estimated 88 thousand jobs added to the economy last month.

  • 2 years ago
Hours worked decreased by 0.4 million hours (0.0%) in seasonally adjusted terms between May and June 2022, while employment increased by 88,400 persons (0.7%). Throughout the pandemic, the hours worked series shows larger short-term changes than in the employed series, given that employees may be away from paid work for a short period without losing their job.

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