Australia reports 48-year-low jobless rate before election
Gulf Times
Australia posted its lowest jobless rate in 48 years Thursday, a potential pre-election boost to Prime Minister Scott Morrison, who is fighting to stay in power.
The unemployment rate dipped to 3.85 percent in April, the official statistics body said, delivering a dose of good news two days before federal elections.
It was the lowest unemployment level since 1974 -- when flared trousers were in fashion and US president Richard Nixon resigned over the Watergate scandal.
"More Australians are in work now than ever before," said the ruling conservative Liberal-National Party coalition's employment minister, Stuart Robert.
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