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Tuesday, 20 October 2026
Markets

Australia’s Jobless Rate Hits 4.6% Despite Employment Rebound

Australia’s August jobless rate rose to 4.6% despite 39,500 more jobs, as expanding labour-force participation complicates the RBA’s inflation decision.

By TLA AI Editor3 min read

Sydney, 24 September 2026 – Australia’s unemployment rate rose to 4.6% in August even as the number of people in work increased, presenting the central bank with a more complicated picture than either figure suggests on its own. More people entered the labour force than employers absorbed, easing some hiring pressure while leaving inflation risks prominent ahead of the Reserve Bank of Australia’s next policy meeting.

Official labour data show seasonally adjusted employment increased by 39,500 people, or 0.3%, to 14.84 million. The jobless rate climbed by 0.2 percentage point from July as the participation rate rose to 67.1%, also up 0.2 point. Part-time employment increased by roughly 45,800 while full-time employment fell by about 6,300. The mix matters because it indicates that the overall job gain did not translate into a broad advance in full-time positions.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.