Australia on Thursday posted its lowest jobless rate in 48 years, a potential boost two days before federal elections to Prime Minister Scott Morrison, who is fighting to stay in power.

According to the official statistics body, the unemployment rate dipped to 3.85 percent in April, the lowest level since 1974 when flared trousers were in fashion and US president Richard Nixon resigned over the Watergate scandal.

Also read: James Anderson, Stuart Broad’s careers revived after England call up

Australia’s economy created an additional 92,400 full-time jobs in the month, the Australian Bureau of Statistics said.

It also helped to trim April’s seasonally adjusted unemployment rate from 3.93 percent the previous month.

Also read: Australian researchers generated solar energy after sundown, read details

Many employers say they are struggling to find staff in the tight jobs market.

“We’re definitely still feeling staff shortages,” said Matt Jenkins, human resources manager at Sydney restaurant group Applejack Hospitality.

Speaking to AFP, Jenkins said, “I know for chefs, they can have multiple job offers at a time. And even candidates that we’re speaking to, they’re sitting on offers for weeks while they still canvass the market.”

Also read: Who loves Xi? ‘Manchurian’ slander weighs heavily on Australian polls

Bruno Goncalves, co-owner of Edes Restaurant and Bar in central Sydney, said he found it particularly hard to recruit experienced staff.

More foreign job seekers were becoming available, he said, since the re-opening of Australia’s international borders, which were shuttered for nearly two years to keep out the Covid-19 virus.

Also read: Why Elon Musk, other car bosses are wary of electric vehicle production?

Those foreign candidates were mostly inexperienced, leaving the business with supervisory managers and “fresh, zero-experienced” workers but very few experienced bar and waiting staff.

Opinion polls show the ruling conservative coalition a little behind the opposition Labour Party in a tightening election race.

But surveys indicate the rising cost of living, not employment, is a priority for voters.

Opposition Labour Party leader Anthony Albanese’s economic credentials have been questioned by Morrison, notably since he forgot the unemployment rate when quizzed by reporters more than a month ago.