Aussie unemployment climbs to 5-year high

The Australian Bureau of Statistics (ABS) released the September labour force survey, and it was a shocker. The headline unemployment rate climbed another 0.1% to 4.7% – the highest reading since October 2021 – while all of the sub-indicators were soft. The following table from the ABS summarises the key components from the survey: Total The post Aussie unemployment climbs to 5-year high appeared