Australia’s unemployment rate remains at 5.0 percent in January

By David Olsen · 10 February 2011 · Economy

Australia’s unemployment rate remains at 5.0 percent in January

Australia's Unemployment Rate Hits a New Milestone

The Australian economy has reached a critical juncture, with the latest unemployment figures sparking both hope and concern. Will the 5.0 percent rate be a turning point for the nation's job market?

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Summary

Australia’s unemployment rate remains at 5.0 percent in January after Australia’s unemployment rate dropped 0.2 percentage points to 5.0 percent in December, the Australian Bureau of Statistics announced today.

Tags: ABS, Drake, employment, Floods, Matthew Tukaki, Queensland, Unemployment, Unemployment Rate