Unemployment falls again to a new low, but the cause of the fall is not good news - ABC News
8/17/2022 12:00:00 AM2 years 8 months ago
by Michael Janda
by Michael Janda
Unemployment has fallen to a new, 48-year low, but the move lower was driven entirely by a sharp drop in the number of people in work or looking for it.
The official unemployment rate fell to 3.4 per cent in July from 3.5 per cent the month before. Key points:
- Unemployment falls from 3.5 per cent in June to 3.4 per cent in July
- An e… [+5241 chars] full article...