Employment plummets but jobless rate falls to 4.5pc
Ronald MizenSenior reporter
Employment plummeted by 146,000 in August, the largest fall since the start of the COVID-19 crisis, as people lost their jobs or worked zero hours due to lockdowns in Sydney and Melbourne.
But despite the significant decline, the jobless rate fell to a surprise 4.5 per cent due largely to the way unemployment is recorded.
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