Tweet of the day: Graph showing Australia's unemployment rate over five years

Tweet of the day: Graph showing Australia's unemployment rate over five years
Joel RobinsonDecember 7, 2020

Australia's unemployment rate has risen from 5.8 percent to 6 percent according to the Australian Bureau of Statistics.

The report this morning highlighted the trend employment having continued strong growth and an increase of 302,000 people in jobs since this time last year. 

The chart below shows the movement of the Australian unemployment figures.

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Channel Nine finance editor Ross Greenwood summed up the figures through his twitter @Ross_Greenwood.

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South Australia were the biggest winners, seeing their unemployment rate drop from 7.1 percent to 6.8 percent. 

The move was of much pleasure to Labor Treasurer Tom Koutsantonis who took to his twitter @TKoustantonisMP after the announcement. 

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To access the full report click here or you can read our run down of the publication.

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.

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