23 July 2026, 10:02 Australia: Jobless Rate Unchanged at 4.4%
Australia’s seasonally adjusted unemployment rate stood at 4.4% in June, in line with both market expectations and May’s figure. The number of unemployed rose by 12,700 to 686,800 from 674,100 in May, with the number of full-time job seekers increasing by 13,300 to 457,300, while the number of part-time job seekers fell by 600 to 229,500. Employment increased by 76,300 to a record high of 14.82 million, surpassing estimates of a 15,000 increase, following an upwardly revised gain of 43,900 jobs in May. Full-time employment climbed by 29,300 to 10.17 million, while part-time employment increased by 47,100 to 4.65 million. The participation rate ticked up to 67.0% from both May's figure and market expectations of 66.7%, marking its highest level since July 2025. The underemployment rate edged up to 6.5% from 6.3%. Meanwhile, total monthly hours worked across all jobs increased by 5 million to 2,014 million.
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