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Latest news: Unemployment

Magic number that could decide an interest rate hike

Magic number that could decide an interest rate hike

Traders now tip a greater-than-50 per cent chance of an interest rate hike in February, but some pundits are holding out hope for a Reserve Bank reprieve.

Complacency risk for economy as tariff wars re-emerge

Complacency risk for economy as tariff wars re-emerge

Complacency risk for economy as tariff wars re-emerge

Complacency risk for economy as tariff wars re-emerge

A deterioration in the job market could spare Australian borrowers interest rate hikes in 2026, an economist says.

Forget quiet quitting: job-hugging tipped as top trend

Forget quiet quitting: job-hugging tipped as top trend

Forget quiet quitting: job-hugging tipped as top trend

Forget quiet quitting: job-hugging tipped as top trend

Fewer Australians are expected to seek fresh employment as the market becomes tighter and artificial intelligence technology creates uncertainty.

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Belt tightening in order as federal payments balloon

Belt tightening in order as federal payments balloon

More than $12 billion in program cost blowouts demand tighter spending in other parts of the federal budget, the treasurer is warning Australians.

Christmas rate relief off the table at last RBA meeting

Christmas rate relief off the table at last RBA meeting

The official cash rate is expected to remain on hold when the Reserve Bank decides on interest rates for the last time in 2025.

Wages data could force RBA to turn page on rates cut

Wages data could force RBA to turn page on rates cut

Unlikely to receive another rate cut in the next six months, borrowers will at least see the big four banks face parliamentary scrutiny in Canberra this week.

Australian economy 'island of security' in risky seas

Australian economy 'island of security' in risky seas

A shock fall in unemployment has wrong-footed analysts and dashed hopes of further interest rate cuts as the treasurer talks up Australia's economic strength.

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Economy heads for first major test since RBA rate hold

Economy heads for first major test since RBA rate hold

Economy heads for first major test since RBA rate hold

Economy heads for first major test since RBA rate hold

Australia's volatile unemployment rate is expected to tick back down to 4.4 per cent, which would add little urgency for the Reserve Bank to cut interest rates.

RBA drops rates hint as Australia maintains AAA status

RBA drops rates hint as Australia maintains AAA status

RBA drops rates hint as Australia maintains AAA status

RBA drops rates hint as Australia maintains AAA status

Reserve Bank governor Michele Bullock has responded to a surprise jump in unemployment as a credit agency gives Australia's finance a tick of approval.

Jobs figures 'settling back' into pre-COVID levels

Jobs figures 'settling back' into pre-COVID levels

Jobs figures 'settling back' into pre-COVID levels

Jobs figures 'settling back' into pre-COVID levels

A shock increase in unemployment rates has been put down to the jobs market coming back to regular rates after pandemic-induced fluctuations.

National economy still stuck in 'productivity malaise'

National economy still stuck in 'productivity malaise'

National economy still stuck in 'productivity malaise'

National economy still stuck in 'productivity malaise'

Despite a modest pick-up in productivity growth and signs private sector employment is recovering, Australia's slump in productivity is far from over.

Jobs data in focus as economic outlook brightens

Jobs data in focus as economic outlook brightens

Jobs data in focus as economic outlook brightens

Jobs data in focus as economic outlook brightens

Workers are taking home a larger slice of the economic pie as a result of Australia's historically tight labour market.

Jobless fall gives RBA room before next rate cut

Jobless fall gives RBA room before next rate cut

Jobless fall gives RBA room before next rate cut

Jobless fall gives RBA room before next rate cut

The unemployment rate slid to 4.2 per cent in July, partly because of an unwinding from an earlier, outsized jump, the Australian Bureau of Statistics reports.

West is best economically as eastern states left behind

West is best economically as eastern states left behind

West is best economically as eastern states left behind

West is best economically as eastern states left behind

Western Australia remains the top economic performer in CommSec's State of the States rankings, but its "breakneck" growth is starting to lose momentum.

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Peek into surprise RBA decision as rate cut on cards

Borrowers are hoping for clarity on the Reserve Bank's next moves as an unexpected jump in unemployment firms the case for an interest rate cut.

Jobless rate nears four-year high, firms rethink plans

Australia's unemployment rate has bucked expectations and risen as economic headwinds take their toll on employers.

All signs point to jobs market holding firm in new data

Forward indicators suggest Australia's unusually low unemployment rate will stay steady in fresh data set to be released by the Australian Bureau of Statistics.

Spotlight on unemployment as jobs market loses heat

Jobs data is set to dominate the economic agenda in Australia, while onlookers expect the Federal Reserve to keep US interest rates on hold.

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Jobs market strong but Trump tariff bomb yet to explode

Australia's jobs market is holding up better than expected, but the impact of Donald Trump-imposed tariffs is yet to play out across the globe.

Chalmers buoyant about 2025, ahead of inflation data

Treasurer Jim Chalmers remains confident 2025 will be better economically for Australians after struggles with the cost of living.

Lifting unemployment benefit found to slow job hunting

Increasing the rate of welfare payments discourages unemployed people from looking for work, but that doesn't mean it's bad policy, a study has found.

Strong jobs growth data deflates February rate cut hope

A very healthy jobs market is not adding to the case for a February interest rate cut, with all eyes turning to inflation data due in coming weeks.

How China uncertainty could push back RBA rate cut

Unexpected jobs figures have diminished hopes of an interest rate cut in February but favourable inflation data could put lower mortgage costs back on the menu.

Early rates cut all but dashed as unemployment dips

Australia's unemployment rate has unexpectedly fallen to 3.9 per cent, bolstering the argument for the Reserve Bank of Australia to keep rates on hold.

More people unemployed for longer as opportunities wane

Australians dependent on unemployment payments are finding it even harder to get a job as positions disappear and structural barriers remain.

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