Australia’s period of falling unemployment came to an end in early 2019 when the jobless rate hit a low of 4.9%. Since then, it has averaged around 5.2%, bouncing around in a range which extends from 5.1% to 5.3%. Recent leading indicators had been generally pointing towards further softness but the unemployment rate in recent months has been reasonably stable. Now economies are going into “care and maintenance” mode around...