Unemployment rate edges up to five per cent | Sky News Australia

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Your Money reporter Leanne Jones says the uptick in unemployment is explained by the increased participation rate in the workforce, which has gone up by 65.7 per cent.

The official unemployment rate has edged up 0.1 per cent to five per cent for March.

Your Money reporter Leanne Jones has told Sky News the figure is in line with industry predictions. She says the uptick in unemployment is explained by the increased participation rate in the workforce, which has gone up by 65.7 per cent.

Source: News Formal (newsformal.com)

 

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Funny that is why it went down to 4.9 because there was a dip in the participation rate . Never mentioned that last month . Why?

More Jobs = More unemployment ......

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