Australia's jobless rate has plunged to just 5.8 per cent - stirring fears record-low interest rates may be raised sooner. Unemployment fell from 6.3 per cent as 88,700 jobs were created.
Australia's jobless rate plunged from 6.3 per cent to 5.8 per cent in February. This occurred as 88,700 new jobs were created in just one month nationally. More people last month had job than March 2020 just before Covid shutdowns