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Sustained low unemployment

November 18, 2022 2:10 am in by

Improvements interstate has left Tasmania with Australia’s highest unemployment rate of 4.2% for October in new ABS data.

At 6.8%, this state also has the highest underemployment rate where workers want more hours.

Particpation, a sign of confidence in job hunters of securing work, is also the weakest in the nation.

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The national rate dropped to 3.4% as 32,000 people found work last month.

 

 

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