Australian Unemployment Rate Falls to 14-year Low

Australian Unemployment Rate Falls to 14-year Low
People are seen in the central business district of Sydney, Australia, on May 20, 2021. AAP Image/Bianca De March
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The Australian unemployment rate for December 2021 fell to 4.2 percent, the lowest level since August 2008, just prior to the start of the Global Financial Crisis.

Data from the Australian Bureau of Statistics (ABS) revealed that around 65,000 jobs were created during the month, of which approximately two-thirds were filled by men and one-third by women.