Vital Signs: 4.6% unemployment rate hints at what's possible, but it's not the real thing

Written by The Conversation

This week provided a first tiny glimpse into the labour-market fallout from Australia’s recent lockdowns.

Australian Bureau of Statistics published the wage price index for the June quarter yesterday, showing sluggish wages growth, below forecasts. The labour force figures for July, out today, is an impressive 4.6%, but tempered by the...

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