Jobless rate in surprise falls as economic bounce continues

Australia's unemployment rate fell to 5.8 percent in February in the latest evidence that the economic recovery continues. 

It was a much bigger-than-expected drop, as economists were expecting it to fall slightly to 6.3%. 

Last month, 89,000 people took up new jobs – which was also better than what the market had expected.

 ABC's Peter Ryan says bets are rising that the Reserve Bank might raise interest rates earlier than expected - providing the end of Jobkeeper doesn't create a shock.

Here's my report from The World Today