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Australia's unemployment rate falls to just 5.6% with 71,000 new jobs created in March

Australia's unemployment rate has fallen to just 5.6 per cent - the lowest since the start of the pandemic.

In March, 70,700 jobs were created as the jobless level fell from 5.8 per cent, the Australian Bureau of Statistics revealed on Thursday.

The official jobless rate is now only a touch higher than the 5.1 per cent level of February 2020, shortly before the Covid shutdowns, despite the end of JobKeeper wage subsidies on March 28.

Hospitality is still the worst affected industry from the Covid shutdowns but employment is bouncing back in the food and accommodation sector. 

Australia's unemployment rate has fallen to just 5.6 per cent - the lowest since the start of the pandemic

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