Australia unemployment reaches its lowest figure in 8 Years

The decline is not reflected in the growth numbers yet

Australia's unemployment rate edged down in February to 4.9% Source: AAP

Australia's unemployment rate fell 0.1 percentage points in February to a seasonally adjusted 4.9 per cent, but the number of people in full-time work fell.

Part-time employment drove an overall increase in the number of people with jobs during the month, but data from the Australian Bureau of Statistics showed a 7,300 drop in the number of people employed full-time.

Listen to the full interview with Economist Radwan Hamdan in Arabic above