Moody's Analytics said in a report Australia's unemployment rate is likely to tick up to 4.6% in August from 4.5% in July. The firm cited softening economic activity, partly driven by successive interest-rate hikes that have damped demand. Falling new job ads and intensified competition for vacancies point to a weakening labour market. Official unemployment data are due Thursday.

2026-09-21

Moody's Analytics said in a report Australia's unemployment rate is likely to tick up to 4.6% in August from 4.5% in July. The firm cited softening economic activity, partly driven by successive interest-rate hikes that have damped demand. Falling new job ads and intensified competition for vacancies point to a weakening labour market. Official unemployment data are due Thursday.