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Unemployment rate drops to 1 year low

Australia continues to defy international trends in the unemployment sector by posting a 4.9% unemployment rate for April. 

The rate has dropped from 5.2% in March, matching the lowest level since December 2008.  Lower interest rates and the strong Australian Dollar are seen as the catalysts for the strong job figures.

Posted on 11 May '12 by , under General News.

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