Australia added an astonishing 366,100 jobs in November, the single largest monthly lift in employment in the nation’s history that drove the jobless rate down to 4.6 per cent, a level not expected until mid-2022.

The result smashed the market expectations of 220,000 new jobs and was just shy of the multi-decade low of 4.5 per cent, with more than 180,000 more people in work than before the start of the COVID-19 crisis.