logo
  

Australia Unemployment Rate Climbs To 4.6% In September

The jobless rate in Australia came in at a seasonally adjusted 4.6 percent in September, the Australian Bureau of Statistics said on Thursday.

That was up from 4.5 percent in August, although it was shy of expectations for 4.8 percent.

The Australian economy lost 138,000 jobs last month, slightly worse than forecasts for the loss of 137,500 jobs following the loss of 146,300 jobs in August.

The participation rate tumbled to 64.5 percent, missing forecasts for 64.7 percent and down sharply from 65.2 percent in the previous month.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Follow RTT