Australia’s seasonally adjusted unemployment rate stood at 4.7% in September, unchanged from an upwardly revised figure in August and above expectations of 4.6%. It was the highest since October 2021, with the number of unemployed increasing by 8,900 to 732,000, the highest since April 2021. Meanwhile, employment unexpectedly fell by 39,300 to 14.78 million, defying expectations for a rise of 20,000.