Jobless rate tipped to remain steady

THE unemployment rate is expected to remain steady or fall further as demand for labour remains strong, when the Australian Bureau of Statistics releases its latest labour force data.

In June, the jobless rate fell to 3.5 per cent – the lowest rate in 48 years.

The ultra-low level of unemployment meant there was effectively one unemployed person for every vacant job in June.

CommSec senior ec...

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