Thursday 19 May 2022 02:49 AM Australia's unemployment rate drops to 3.9 per cent - the lowest in almost 50 ... trends now Australia's unemployment rate drops to 3.9 per cent - the lowest point in almost 50 years Unemployment in April fell to 3.9 per cent - lowest rate since September 1974 By Stephen Johnson, Economics Reporter For Daily Mail Australia Published: 02:39 BST, 19 May 2022 | Updated: 02:46 BST, 19 May 2022 Viewcomments Australia's unemployment rate has dropped to 3.9 per cent - the lowest rate since 1974. The Australian Bureau of Statistics has announced the historic milestone just two days before the federal election. The jobless level in April of 3.9 per cent was unchanged from the March figure, which was downwardly revised from 4 per cent. That means Australia's unemployment level is the lowest it has been since September 1974. Australia's unemployment rate has dropped to 3.9 per cent - the lowest rate since 1974 Share or comment on this article: All rights reserved for this news site (dailymail) and under his responsibility