The record low rates come even despite an increase in the numbers of people seeking employment, showing the potential for another decrease across forthcoming months.
Research shows that higher wages and an increased cost of living within Australia has once again caused a dip, with some retired workers even returning to the workplace to fulfill the necessary positions sought by employers.
One of these citizens, 66-year-old Rosemarie Paglinawa, returned to work after two years off due to undergoing back and shoulder surgery.
Upon re-commencing her position at Value Fresh as a prep chef, she encouraged other retired workers to come back, advising them that her return to work helped her “regain strength” and a need to “come back for exercise”.
With roughly 90,000 jobs added in June, the potential for the unemployment rate to get even lower is possible, however, the need for employment is still prevalent with “one unemployed person per vacant job”, claimed by ABS head of labour statistics, Bjorn Jarvis.
The current statistics show South Australia and Tasmania with the highest unemployment rate, with ranks showing:
- South Australia and Tasmania at 4.3%
- Queensland at 4%
- Northern Territory at 3.7%
- Western Australia at 3.4%
- New South Wales at 3.3%
- Victoria at 3.2%
- ACT with the lowest unemployment rate at 3.1%