Skip to main content
institutional access

You are connecting from
Lake Geneva Public Library,
please login or register to take advantage of your institution's Ground News Plan.

Published loading...Updated

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.

Summary by Reuters
Australian ​employment unexpectedly fell in July and the jobless rate hit its highest point since late ‌2021, data showed on Thursday, adding to signs of a cooling labour market and easing pressure for another interest rate hike.

30 Articles

Center

Australia’s unemployment rate rises to 4.5%

·Otago, New Zealand
Read Full Article
PerthNowPerthNow
+2 Reposted by 2 other sources
Center

Rate hike relief as jobs market cools

Australia has snapped strong run of jobs data in July, as the number of people employed fell, according to new data.

·Osborne Park, Australia
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 46% of the sources are Center, 46% of the sources lean Right
46% Right

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

FXStreet broke the news on Wednesday, August 19, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal