Jobless Rate Edges up to 4.3 Percent, Fuelling Hopes for RBA Rate Relief

Date:

Jobless Rate Edges up to 4.3 Percent, Fuelling Hopes for RBA Rate Relief

People queue outside an Australian government welfare centre, Centrelink, in Melbourne, Australia, on March 23, 2020. William West/AFP via Getty Images

Australia’s unemployment rate rose for the first time in 2025, lifting to 4.3 percent in June, as the number of people without work climbed by 34,000, according to new figures from the Australian Bureau of Statistics.

This marks the first hike in 2025, ending a six-month pause at 4.1 percent.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Chinas Flexible Employment Population Reaches 300 Million: Report

A vendor, pushing his bicycle, prepares to cross a...

US Spends More Than All Other Nuclear States Combined on Nuclear Weapons, Report Says

Nuclear officials stand near the entrance to a reactor...

Chinas Crude Oil Imports Sink to 8-Year Low as Hormuz Shutdown Chokes Gulf Shipping

Oil tanks store imported crude at Qingdao Port Crude...