Australia’s unemployment rate ticks higher to 4% in December

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A folded Australian flag sitting on a hard surface

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  • Australia’s seasonally adjusted unemployment rate rose to 4.0% in December 2024 from an eight-month low of 3.9% in November, in line with market consensus.

  • The underemployment rate fell to 6.0% from 6.1%, and monthly hours worked in all jobs increased by 10 million to 1,976 million.

 
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