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Australia’s unemployment rate falls to 4% – the lowest since 2008

Jobless rate for women falls to lowest since May 1974 at 3.8%, as the economy added net 77,400 jobs in February

Australia’s jobless rate sank to a new 13-year low last month with a big rise in full-time positions, as the economy shrugged off more of the Omicron Covid disruptions.

The country’s unemployment rate fell to a seasonally adjusted 4.0% in February, compared with 4.2% in January. That’s the lowest rate since August 2008, the Australian Bureau of Statistics (ABS) said.

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