3 Feb 2021

Unemployment fell to 4.9% in December quarter

From Nine To Noon, 11:06 am on 3 February 2021

The unemployment rate has unexpectedly fallen as more people found jobs in the rebound from the pandemic. The jobless rate in the three months ended December fell to 4.9 percent from 5.3 percent in the previous quarter. Expectations had been for a rate around 5.6 percent. Gyles Beckford, our Business Editer joins Kathryn to explain these results.