Not having 180,000 to 200,000 migrant workers flood the labour market each year, as was the case pre-COVID, is doing wonders to Australia’s unemployment rate, which fell to a decade low 4.8% in June:
Australian unemployment rate lowest since June 2011.
Total jobs rose by 29,000 (0.2%) to 13,154,200 people in June, with full-time jobs rising a whopping 51,600, offsetting a 22,500 fall in part-time jobs:
