Murray Olds: Australian correspondent on Australia's unemployment rate dropping to 3.7 percent
Heather du Plessis-Allan Drive · Newstalk ZB
March 21, 20245m 32s
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Show Notes
Australia's unemployment rate dropped to 3.7 percent in February, down from 4.1 percent.
This decrease comes off the back of an ongoing economic slowdown, as Australia aims to tamp down inflation.
Australian correspondent Murray Olds says it's likely employers are feeling more confident, amid the promises of rate cuts later this year.
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Topics
moneybusinesseconomyAustralia