Aussie unemployment to the moon!
ABS just now. In seasonally adjusted terms, in August 2026: the employment-to-population ratio increased 0.1ppt to 63.9%. the unemployment rate increased 0.2ppt to 4.6%. In trend terms, in August 2026: the employment-to-population ratio remained at 63.9%. the unemployment rate increased marginally to 4.6%. Jobs rose 39500 but full time fell 6000. Hours worked has gone nowhere The post Aussie…
We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.
