Australia’s unemployment rate falls to 5%

By David Olsen · 13 January 2011 · Locked

Australia’s unemployment rate falls to 5%

Full details: Australia’s unemployment rate falls to 5%

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Summary

Australia’s unemployment rate has dropped 0.2 percentage points to 5.0 percent in December, putting pressure on businesses to pay higher wages to retain or recruit employees, as announced by the Australian Bureau of Statistics today.

Tags: ABS, employment, Unemployment, Unemployment Rate