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Australia: Labor market has strong start to Q3

Latest reading: The seasonally adjusted unemployment rate eased to 4.2% in July 2025, slipping from 4.3% in June—the highest level since November 2021—and matching market expectations.

At the same time, employment climbed by 24,500 to a record 14.64 million, just shy of the forecasted 25,000 increase, after June’s modest gain was revised down to 1,000.

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FinSmart team

FinSmart is your go-to platform for "smart finance", where we break down complex financial topics simply and clearly. We help you navigate the financial world with confidence

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