FX.co ★ Australia Jobless Rate Matches Estimates

Australia's seasonally adjusted unemployment rate fell to 4.2% in July 2025, down from 4.3% in June, which represented the highest rate of unemployment since November 2021. This aligns with market expectations. The decrease was primarily due to a reduction in the number of unemployed individuals by 10,200, bringing the total to 649,600. Of this group, those seeking full-time employment reduced by 400 to 440,500, while individuals looking for part-time work decreased by 9,400 to 208,500. Concurrently, employment increased by 24,500, reaching a record high of 14.64 million, slightly below projections of a 25,000 increase, following a downward revision in June with a gain of only 1,000 jobs. Full-time employment experienced a rise of 60,500, totaling 10.13 million, whereas part-time employment saw a decline of 35,900, settling at 4.52 million. The participation rate was recorded at 67.0%, slightly under the market forecast of 67.1%. The underemployment rate marginally decreased to 5.9% from 6.0%. Additionally, the total monthly hours worked across all jobs increased by 6 million, amounting to 1,987 million.