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Australia Sept 2026 jobless rate 4.7% as employment drops 39.3K
Australia's unemployment rate was 4.7% in September 2026, above the 4.6% forecast, as employment fell by 39,300.
15/10/2026 00:413 min read
Figures for the Australian labour market in September 2026 have been published.
Employment fell by 39.3K.
- Forecast: +20.0K; prior: +39.5K
The unemployment rate came in at 4.7%, a disappointing outcome that reduces the case for further Reserve Bank of Australia rate rises, at the margin. The Australian dollar edged lower.
- Forecast: 4.6%; prior: 4.6%
Full-time employment rose by 34.4K.
- Prior: -6.3K
Part-time employment fell by 73.7K.
- Prior: +45.8K
The participation rate was 66.8%.
- Forecast: 67.0%; prior: 67.1%
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