Posts tagged "3% unemployment"

The number of unemployed people to job vacancies rose to 1.5% in November, still well below the pre-COVID figure of 3.1%.

The series of interest rate rises were aimed at taking the heat out of inflation and slowing the economy.

Treasurer Jim Chalmers says the national economy is prepared to take on global headwinds, following data showing Australia outperforming international peers.

What’s driving this new ultra-low unemployment? It’s been harder for employers to get workers, because borders were closed, and because of unusually high rates of people off sick.