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Australian Jobs Soar 76,300 in June, Boosting Rate-Hike Bets

Bloomberg Markets Thursday 23 July 2026, 01:34 UTC By Nasteho Said 1 min read
Key Points

Australian Jobs Soar 76,300 in June, Boosting Rate-Hike Bets Australian employment surged in June, extending the previous month’s gains, underscoring the ongoing strength in the labor market and stoking bets on another interest-rate increase. The economy added 76,300 jobs, more than five times economists’ estimate, after an upwardly revised 44,000 gain in May, data from the Australian Bureau of Statistics showed Thursday. The jobless rate held at 4.4%, as forecast, reflecting a rise in the...

Australian Jobs Soar 76,300 in June, Boosting Rate-Hike Bets Australian employment surged in June, extending the previous month’s gains, underscoring the ongoing strength in the labor market and stoking bets on another interest-rate increase. The economy added 76,300 jobs, more than five times economists’ estimate, after an upwardly revised 44,000 gain in May, data from the Australian Bureau of Statistics showed Thursday. The jobless rate held at 4.4%, as forecast, reflecting a rise in the participation rate to 67%.
Australian (ORG) the Australian Bureau of Statistics (ORG)
Originally published by Bloomberg Markets Read original →

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