Btw, in looking at the unemployment rate, one also needs to look...

Btw, in looking at the unemployment rate, one also needs to look at the participation rate, which is at 7 year lows..

http://m.propertyobserver.com.au/economy/economists-stumped-as-australia-s-participation-rate-falls-to-a-seven-year-low/2013101765770

This means we have an equivalent unemployment rate of 6.6% according to the article.