Australia jobless rate hits near five-year high of 4.5% in July
Net employment fell 15,800 as part-time jobs dropped and markets said the result makes another Reserve Bank of Australia rate hike less likely.
30 Articles
30 Articles
Australia's Unemployment Rate Climbs to 4.5% as Jobs Market Shows First Cracks
The numbers landed with a thud. Australia’s unemployment rate rose to 4.5 percent in July. Employment fell. Hours worked dropped sharply. And the data, released by the Australian Bureau of Statistics, painted a picture of a labor market that has finally begun to bend after years of remarkable resilience. Seasonally adjusted figures show net employment declined by 15,800 people to 14.807 million. Full-time jobs gained 16,300. Part-time positions …
Australia's unemployment rate rises to 4.5% in July as employment unex
Australia’s seasonally adjusted unemployment rate edged up to 4.5% in July 2026, beating market expectations and rising from 4.4% in June. Matching April's high, the highest level since November 2021, the uptick was driven by an unexpected decline
Australia’s Unemployment Climbs to 4.5% as Economy Sheds Jobs
Australia’s unemployment rate unexpectedly rose in July, supporting the Reserve Bank’s view that the labor market is likely to loosen and prompting traders to pare bets on another interest-rate increase.
Australia’s unemployment rate rises to 4.5%
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