The unemployment rate's the highest it's been in three years
The unemployment rate's the highest it's been in three years
2 May 2024
It's at 4.3 percent in the March quarter, up from four percent the quarter prior.
ANZ economist Henry Russell says we're getting into the tough part of the inflation fight now.
He says the slowdown in the economy over the past year, is now starting to flow through to the labour market.
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