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 was a reporter for Michael West Media for four years.