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AAP
AAP
Business
Colin Brinsden, AAP Economics and Business Correspondent

Jobless rate falls as lockdowns removed

Australia's jobless rate fell to 4.6 per cent as a result of the most recent coronavirus lockdowns coming to an end.

The Australian Bureau of Statistics reported on Thursday the easing of restrictions in New South Wales and Victoria had a large influence on the national figures, with employment in the two states increasing by 180,000 people and 141,000 people between October and November.

The jobless rate was 5.2 per cent in the previous month.

Economists' forecasts were pointing to a 200,000 employment increase in November, although expectations range for gains of between 150,000 and 280,000.

The figure come as Treasurer Josh Frydenberg prepares to hand down his mid-year budget review, which is expected to show Treasury's unemployment forecasts cut.

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