Unemployment rises to 12-year high

By Guillermo Troncoso · 12 February 2015 · Economy

Unemployment rises to 12-year high

Unemployment Hits 12-Year High: What's Next?

Australia's job market is facing a major setback, with unemployment rates soaring to their highest point in over a decade. But what does this mean for the country's economic future?

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Summary

Australia’s unemployment level has jumped to its highest point in twelve years, climbing another 0.3 per cent from December’s employment rate.