Australia’s unemployment rate falls to 4.2% – lowest level in 14 years

Australia’s unemployment rate falls to 4.2% – lowest level in 14 years

  • Australia’s unemployment rate falls to a 14-year low of 4.2 percent
  • Unemployment rate for December sees a decline from 4.6 per cent in November


Australia’s unemployment rate has fallen to a 14-year low of 4.2 percent.

Employers have been struggling to find employees with the lowest jobless levels since June 2008, shortly before the global financial crisis worsened.

Australian Bureau of Statistics labor force data showed a rise in Omicron cases related to December as labor shortages widened.

Australia's unemployment rate has fallen to a 14-year low of 4.2 percent (pictured is a Bondi cafe in Sydney)

Australia’s unemployment rate has fallen to a 14-year low of 4.2 percent (pictured is a Bondi cafe in Sydney)

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