Real jobless rate higher than 7.4 per cent

By Matt Coughlan
Updated July 16 2020 - 1:06pm, first published 1:03pm
The jobless rate has risen as more people look for work amid low consumer confidence.
The jobless rate has risen as more people look for work amid low consumer confidence.

Australia's jobless rate has reached 7.4 per cent, the highest level in more than two decades, but Prime Minister Scott Morrison concedes the real situation is worse.

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