Australia's central bank on Tuesday said inflation would be lower and unemployment higher due to the cascading effects of ...

So what does the unemployment rate tell us about how Australia’s economy is performing? And what does it mean for interest rates in 2025? In simple terms, the unemployment rate is the percentage ...

Australia’s employment figures surged in April, adding 89,000 jobs. This was much higher than the expected 20,000 increase.

SYDNEY—The Reserve Bank of Australia has lowered its 2022 unemployment forecast, highlighting the continued momentum of the resource-rich economy despite rapidly rising interest rates and a jump ...

Australia’s Unemployment Rate remained at 4.2% in August ... According to the latest Gross Domestic Product (GDP) release, the economy grew a modest 1% YoY in the second quarter of the year.

"We have tweaked our forecasts for [Australian economic] GDP growth and the unemployment rate," the bank noted. "We now see GDP growth of 2 per cent over 2025 (was around 2.25 per cent) and see ...

The RBA has cut the official interest rate again, as it lowered forecasts for Australian growth and pointed to increasing ...

SYDNEY—Australia’s unemployment rate fell slightly in May ... the job market a point of resilience in the Australian economy, which otherwise continues to slow quickly due to the weight ...

2024 finished with mixed news for the Australian economy and markets. There were some excellent ... Against all expectations, unemployment remained close to a 50 year low, a few ticks above or below 4 ...

it has tried to balance this to ensure unemployment levels don’t skyrocket and Australia’s economic growth remains positive. Last week Ms Bullock warned the RBA needed to win its battle ...

Today's unemployment rate of 4.1% indicates that the Australian economy is humming along. What does this mean for the share ...

Australia jobs rebound in March, unemployment ticks up to 4.1% By ... Australia Job Growth Surges Australia's economy added 89 ...