Unemployment falls, tipped to rise next year as economy slows, migration boosts labour supply

 Australia's unemployment has fallen back to its lowest point since 1974, but some experts question whether it can stay there much longer as borders reopen and employers regain access to a global labour pool.

Official estimates from the Australian Bureau of Statistics put Australia's unemployment rate at 3.4 per cent, down from 3.5 per cent for the past couple of months and equal to a low set in July this year.

About 32,000 jobs were added to the economy in October, with strong gains in full-time work offsetting a small decline in part-time jobs.

Read More: https://www.abc.net.au/news/2022-11-17/unemployment-rate-october-2022-abs-jobs/101664684