With the Australian unemployment rate taking economists by surprise and recording an unexpected drop in January from 5.8 to 5.7 per cent seasonally adjusted, something equally unexpected has been going on in Tasmania where the state’s unemployment rate has fallen to the second lowest rate in the country and a five and a half year low, at 5.6 per cent seasonally adjusted.

New South Wales remained the strongest performing job market in the country at 5 per cent, followed by Tasmania at 5.6 per cent, Victoria at 5.7 per cent, Queensland at 6.3 per cent, South Australia at 6.4 per cent and Western Australia at 6.5 per cent. So what exactly is…