Approaching a near 50-year low, the unemployment rate currently stands close to levels last seen in 1974. As Australia awaits Thursday's release, forecasts suggest creating around 15,000 new jobs. Given the migration influx and the current economic slowdown, it might not be enough to maintain the unemployment rate at a steady 3.5 per cent.

https://www.theaustralian.com.au/business/unemployment-forecasted-to-hit-36-per-cent-in-australia/video/6ba3b849bd827afac59ab5f3071bb5f1

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