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Newcastle Herald
Newcastle Herald
National

Record low unemployment rates riding up against return of inflation

Unemployment Inflation Philip Lowe Reserve Bank of Australia
POSITIVE TREND: Record low jobless rates, but the details matter.

AUSTRALIA'S official unemployment rate of 3.5 per cent is the lowest in almost half a century.

In Newcastle and Lake Macquarie, the jobless rate is an even better 3 per cent, rising to 4.5 per cent elsewhere in the Hunter.

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