Australia August 2025 jobless rate 4.2% (vs. 4.2% expected)

Australian labour market report

Unemployment Rate 4.2%

• expected 4.2%, prior 4.2%

Employment Change -5.4K, a poor result

• expected 22.0K, prior 24.5K

Participation Rate 66.8%, lower participation has prevented the jopbless rate from rising

• expected 67%, prior 67%

Part-Time Employment +35.5K

• prior -35.9K

Full-Time Employment -40.9K, terrible number

• prior 60.5K

While the headline jobless rate is unchanged, the alternative headline, job losses vs. a gain expected, is bad news.

Its compounded by the big full time losses.

Not a good bunch of figures.

These will ignite thoughts of a nearer term Reserve Bank of Australia rate cut, at the margin.

This article was written by Eamonn Sheridan at investinglive.com.