Queensland Unemployment Rises to 4.4%
Brisbane News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Queenslands unemployment rate rose slightly to 4.4%, placing it in the middle of Australian states and territories. Nationally, Australias unemployment rate increased to 4.3%, higher than expected, despite adding nearly 49,000 new jobs. Part-time jobs surged, while full-time positions decreased. The labor market remains strong with high participation rates, potentially easing Reserve Bank concerns about inflation.
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