Why Australia’s Rising Unemployment Rate Might Be A Good Thing

Australia’s unemployment rate has risen to 4.3%, its highest in 4 years. For many this number alone sounds like cause for concern. But is this really a sign of a weakening economy?
What if this particular rise is actually a sign of something more positive?
Jeff Borland, a Professor of Economics at the University of Melbourne, joins The Daily to help us understand Australia’s labour market.
If you would like to know more you can read Jeff’s article on The Conversation.