Further Drop in Unemployment Rate Expected

Further Drop in Unemployment Rate Expected
A general view underground from the site of the currently being built, State Library station, as part of the Metro Tunnel metropolitan rail infrastructure project on November 06, 2020 in Melbourne, Australia. Asanka Ratnayake/Getty Images
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Economists expect the latest job figures will show a further easing in the unemployment rate and another solid rise in the number of people employed, reflecting Victoria’s recovery from a prolonged COVID-19 lockdown.

The December labour force report is released by the Australian Bureau of Statistics on January 14.