Unemployment falls again in Australia as COVID-19 recovery continues

The unemployment rate in Australia dropped by 0.2 per cent last month.

The rate dropped from 5.8 per cent to 5.6 per cent, according to data released by the Australian Bureau of Statistics today.

An additional 70,700 people have found work since February.

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That number of people in work is also at a record high, higher than the previous record set in March last year.

In March 2020, the unemployment rate was 5.2 per cent before COVID-19 restrictions came into play, before lockdowns and before unemployment skyrocketed.

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The latest unemployment figures do not take into account wage subsidy JobKeeper ending, which finished at the end of last month.

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