FX.co ★ Australia Jobless Rate Highest in Near 4 Years

In September 2025, Australia's unemployment rate, adjusted for seasonal variations, increased to 4.5%, rising from the revisited figure of 4.3% recorded in the previous month. This rate exceeded market predictions, which anticipated it to remain at 4.3%. This increase represents the highest unemployment level observed since November 2021. The unemployed population grew by 33,900, reaching a total of 684,000, marking the largest count since October 2021. Within this group, the number of individuals seeking part-time employment rose by 23,500 to 229,400, while those pursuing full-time positions increased by 10,400 to 454,500. Simultaneously, total employment figures rose by 14,900, setting a new peak at 14.64 million, although this did not meet the projected forecast of a 17,000 increase. This comes after an upward revision of a 11,800 job decrease seen in August, marking a halt in the previous three-month growth streak. Full-time employment saw an increase of 8,700, bringing the total to 10.08 million, whereas part-time employment grew by 6,300, totaling 4.56 million. Additionally, the participation rate slightly improved to 67.0%, exceeding the predicted 66.8%. The underemployment rate also ticked up, rising to 5.9% from 5.7%.