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Australia’s Unemployment Climbs to 4.5% as Economy Sheds Jobs

Bloomberg Markets Thursday 20 August 2026, 01:33 UTC By Nasteho Said 1 min read
Key Points

Australia’s unemployment rate unexpectedly rose in July, supporting the Reserve Bank’s view that the labor market is likely to gradually loosen in the period ahead.

Australia’s unemployment rate unexpectedly rose in July, supporting the Reserve Bank’s view that the labor market is likely to gradually loosen in the period ahead.
Australia (LOCATION) Economy Sheds Jobs Australia’s (ORG) the Reserve Bank’s (ORG)
Originally published by Bloomberg Markets Read original →

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