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We can and should keep unemployment below 4 per cent, say top economists

Australia’s leading economists believe Australia can sustain an unemployment rate as low as 3.75 per cent – much lower than the latest Reserve Bank estimate of 4.25 per cent and the Treasury’s latest estimate of 4.5 per cent.

We can keep unemployment below 4 per cent, say top economists

Australia’s unemployment rate dived to 3.5 per cent in mid-2022 and has remained close to that long-term low since.

We can and should keep unemployment below 4%, says survey of top economists

We Can And Should Keep Unemployment Below 4%, Says Our Survey Of Top Economists

We can and should keep unemployment below 4%, says our survey of top economists

The Treasury and RBA believe Australia’s sustainable rate of unemployment is above 4%, but Australia’s leading economists think 3.75% is possible long-term, and have ideas about how to achieve it.