The ABS has released the April 22 Labor Force statistics.
Unemployment has fallen slightly to 3.85% which is at the lower end of the Reserve Bank’s target range of 3.8-4.3%.
Underemployment has beaten expectations sitting at 6.12%. Together this leaves the underutilisation rate at 9.97% of the workforce.
Callum Foote is a journalist and Revolving Doors editor for Michael West Media. He has studied the impact of undue corporate influence over Australian policy decisions and the impact this has on popular interests.
