Overall employment falls by 3,900 based on August figures, but jobless rate defies expectations to drop from 5.7% to 5.6% • Australia escaped a 'great recession? Tell that to young people | Greg Jericho Malcolm Turnbull has been given another gift for the anniversary of his first year as prime minister - the lowest jobless rate in three years. The unemployment rate unexpectedly declined to 5.6% in August when economists had expected it to stay at 5.7%, as fewer people sought a job.
Overall employment falls by 3,900 based on August figures, but jobless rate defies expectations to drop from 5.7% to 5.6% • Australia escaped a 'great recession? Tell that to young people | Greg Jericho Malcolm Turnbull has been given another gift for the anniversary of his first year as prime minister - the lowest jobless rate in three years. The unemployment rate unexpectedly declined to 5.6% in August when economists had expected it to stay at 5.7%, as fewer people sought a job.
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