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Unemployment rate hits 4.5pc, the highest level in post-COVID era
Australia's unemployment rate hits 4.5pc in July, the highest level in the post-COVID era, reducing the chance of another rate hike in September.
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news.com.au
Rate hike relief as jobs market cools
Australia’s unemployment rate surprisingly fell in July, snapping a recent strong run for the jobs market. But experts are divided on what it means for mortgage holders to…
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afr.com
Jobless rate unexpectedly rises to 4.5pc
The rise in unemployment, coupled with a fall in the number of people who found employment, suggests the labour market is cooling at a faster rate than expected.
