Frydenberg says falling unemployment rate shows remarkable resilience of the economy

Following the release of Australia’s mixed employment data for January, the country’s Secretary of the Treasury, Josh Frydenberg, has said he is confident the job market can remain resilient.

Key Comments:

“The latest employment figures are a good news for Australia, with the unemployment rate falling to 6.4% from 6.6% in January. “

“This shows the notable resilience of the economy and the labor market Australian”.

“Yes, aid to keep jobs will end in Marchbut the Australian job market will remain resilient as we reduce those payments and let’s move on to another type of support in the rest of the economy“.

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