Government predicts unemployment will drop to 50-year low as it spruiks pre-election budget

Treasurer's office says dip set to last years, as Labor points to stagnant wages and vows to lift them

Josh Frydenberg's pre-election budget will project Australia's unemployment rate will drop to 3.75% this year, its lowest figure in 50 years, with the Coalition to talk up a remarkable" post-pandemic recovery.

The treasurer's fourth federal budget will also fund an extra 15,000 subsidised training courses for aged care workers, in a nearly $50m promise to boost the sector's workforce.