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Australia records its lowest unemployment rate in decades

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Australia's unemployment rate continues to fall, down to 3.4 per cent for the month of July - the lowest figure recorded since August 1974. But the latest data from the Australian Bureau of Statistics is a mixed bag, with hours worked also down, wages failing to grow, and the gender pay gap widening.


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By Claire Slattery

Source: SBS




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Australia's unemployment rate continues to fall, down to 3.4 per cent for the month of July - the lowest figure recorded since August 1974. But the latest data from the Australian Bureau of Statistics is a mixed bag, with hours worked also down, wages failing to grow, and the gender pay gap widening.



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