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Labour Market Showing Signs of Strain

Labour Market Showing Signs of Strain
Australia’s labour market is showing signs of strain as it delivered a mixed result in June, with unemployment rising but more people entering the workforce, according to new data from the Australian Bureau of Statistics. The unemployment rate increased to 4.3%, up from 4.1% in May and 4.0% in June 2024 – marking the highest level since November 2021. The underemployment rate also ticked up...
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