Unemployment rate drops to 1 year low

May 11, 2012 2:51 pm Published by Leave your thoughts

Australia continues to defy international trends in the unemployment sector by posting a 4.9% unemployment rate for April. 

The rate has dropped from 5.2% in March, matching the lowest level since December 2008.  Lower interest rates and the strong Australian Dollar are seen as the catalysts for the strong job figures.

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