Omicron Inflicts Uncertainty on Australian Jobs Data for January

Omicron Inflicts Uncertainty on Australian Jobs Data for January
People queue outside a department store in Melbourne, Australia, on Oct. 29, 2021. William West/AFP via Getty Images
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Economists are feeling a degree of uncertainty over key workforce data for January as the unknown impacts of the Omicron COVID-19 variant outbreak hit economic indicators.

The jobs market has been bouncing back robustly after the 2021 Delta variant lockdowns ended, causing the jobless rate to slump to a 13-year low of 4.2 percent. Nevertheless, economists think there are still some ways to go before the unemployment rate achieves the level predicted by authorities.

Alfred Bui
Alfred Bui
Author
Alfred Bui is an Australian reporter based in Melbourne and focuses on local and business news. He is a former small business owner and has two master’s degrees in business and business law. Contact him at [email protected].
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