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Australia federal election: Anthony Albanese gets unemployment rate wrong

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The crucial economic questions Anthony Albanese could NOT answer as he

Anthony Albanese could not name the national unemployment rate or the cash rate during a disastrous first press conference of the election campaign.

The Labor leader was asked if he knows what the cash rate is but dodged the question by saying: ‘We can do the old Q and A over 50 different figures’.

The rate has been at a historic low of 0.1 per cent since November 2020.

Anthony Albanese could not name the national unemployment rate or the cash rate during a disastrous first press conference of the election campaign

Anthony Albanese could not name the national unemployment rate or the cash rate during a disastrous first press conference of the election campaign

Mr Albanese was later asked what the national unemployment rate is. He tried to guess but got it wrong.

‘The national unemployment rate at the moment is… I think it’s 5.4 – sorry. I’m not sure what it is,’ he said. 

The unemployment rate is four per cent, the lowest since 2008. 

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