AUD holds steady as Australia's jobless rate hits 4.6%, participation surge offsets jobs beat
Australia's jobless rate hit 4.6% in August, the highest since 2021, as participation jumped and employment rose 39,500.
45 min ago14 min read
Australia's unemployment rate edges up to 4.6% in August as job gains beat forecasts
Australia's unemployment rate rose to 4.6% in August, above forecasts, while employment increased by 39.5K, beating the expected 20K.
24/09/2026 01:413 min read
Australia recorded an employment gain of 39.5K in August.
- Economists had expected an increase of 20K, after a prior fall of 15.8K.
Full-time employment declined by 6.3K.
- This followed a prior gain of 6.3K.
Part-time positions grew by 45.8K.
- The previous month saw a drop of 32.2K.
The participation rate reached 67.1%.
- Forecasts and the prior reading were both 66.9%.
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Pre-release outlooks:
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