Unemployment rate lowest since August 2008

By Colin Brinsden, Aap Economics and Business Correspondent
Updated January 20 2022 - 3:31am, first published 3:29am
The Australian Bureau of Statistics said 64,800 people joined the workforce in December.

Australia's unemployment rate unexpectedly dropped to 4.2 per cent in December, its lowest level since August 2008 and sparking speculation of a rise in the official cash rate later this year.

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