Sky News Business editor BizTicky says it’s “a great day” for the government, as the unemployment defied many expectations.
Sky News Business editor Ticky Fullerton says it’s “a great day” for the government, as the unemployment defied many expectations. The rate for the month of August dropped to 6.8 per cent.
More than 110,000 jobs were added in the month, and the participation rate increased to 64.8 per cent. Full time jobs increased by 36,200 and part time by a massive 74,800. “The government will now be saying JobKeeper, JobSeeker are actually working to getting the economy cranked up again,” Ms Fullerton said. “We were expected to go up to 7.7 per cent.”
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