Summary: Unemployment rate well below forecasts; job losses slightly more than expected; participation rate drops as former workers give up; underemployment rate skyrockets. Australia’s period of falling unemployment came to an end in early 2019 when the jobless rate hit a low of 4.9%. It then averaged around 5.2% through to March 2020, bouncing around in a range which extends from 5.1% to 5.3%. Recent leading indicators such as ANZ’s...