Australia: 8%
an unemployment rate of 8% for Australia indicates a relatively higher level of unemployment compared to previous years. Australia’s economy, like many others, was affected by the COVID-19 pandemic and related lockdowns, which resulted in job losses and economic challenges.
Unemployment rates can fluctuate over time due to various factors, including economic conditions, government policies, and global events. The COVID-19 pandemic had a significant impact on labor markets worldwide, including Australia.
