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发表于 2014-5-21 16:09:07
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Australia's unemployment rate has fallen to its lowest level in almost 33 years as more people take part in the workforce than ever before.The unemployment rate dropped to 4.2 per cent in May, compared with 4.4 per cent in April, figures from the Australian Bureau of Statistics showed.The result was the lowest reading since November 1974 when the then quarterly unemployment reading stood at four per cent.Federal Treasurer Peter Costello says the Australian economy is now close to full employment.Mr Costello said the country was entrenching low unemployment into the system but it was not clear yet how low the jobless rate could fall.Grange Securities chief economist Stephen Roberts said the country's strong economy was driving the strong growth in employment, particularly in full time jobs.Total employment rose 39,400 to 10.454 million, seasonally adjusted.Economists had expected total employment to rise by 10,000 and the unemployment rate to remain at 4.4 per cent.Full time employment |
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