Unemployment rate climbs to 4.8 percent

By Jessica Stanic · 13 February 2009 · Featured

Unemployment rate hits a 4-year high

The Australian jobs market is facing unprecedented pressure, with a significant milestone reached in the latest ABS Labour Force Data. Find out what this means for your future and the economy as a whole.

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Summary

The latest ABS Labour Force Data figures have indicated the pressure currently being felt in the Australian jobs market, with the unemployment rate soaring to 4.8 percent.