Story thread · 10 reports / 2 sources

AUD little changed: Australia jobless rate hits 4.6%, highest since 2021, participation outpaces jobs beat

investinglive.com · 1hShare

The muted reaction in AUD/USD reflects a report that offers something for both sides: headline hiring was strong, but a higher jobless rate and a fall in full-time roles temper the hawkish read. Rates markets are likely to treat the unemployment rise as a supply-side story, driven by participation, which keeps the focus on inflation and next week's RBA decision. The ASX 200's partial recovery suggests equity investors took some comfort that the labour market is not deteriorating outright. The ABS caution around seasonal adjustment may lead traders to lean more on trend data, limiting the report's staying power as a market driver. --- Australia's labour market added jobs at twice the expected pace and still saw unemployment rise, because even more people came looking for work, a quirk that does little to shift the RBA's focus on inflation. Summary: Employment rose 39,500 in August against expectations of 20,000, after a 15,800 fall in July Full-time employment fell 6,300, while part-tim

First report: Economic and event calendar in Asia Wednesday, September 23, 2026: Australian flash PMIs — investinglive.com, 1d