unemployment

Latest NAB hardship data has revealed Australians’ cost concerns and workforce changes to suit.

Household financial stress will ratchet higher as rates increase and would then be impacted by any downturn in the labour market, Westpac Bank has warned.

Australia’s unemployment rate holds steady, raising uncertainties over the Reserve Bank’s interest rate stance for August.

Unemployment has been cited as one of the main reasons behind mortgage stress, according to CBA’s chief executive.

Waning optimism for the economy is stoking fears of potential job losses, as evidenced by recent data.

The unemployment rate remained flat during August, the latest ABS data has revealed.

The ABS has released the latest unemployment rate data, revealing a resilient labour force that surpassed some forecasts from major bank economists.

Despite the increase in July, the participation rate has reached new records, the latest ABS data has revealed.

Australia’s labour market continues to remain tight, returning to levels seen in previous months, the ABS has found.

The number of workers waiting to start or return to their jobs in May has caused a small drop in unemployment, the ABS has revealed.

Unemployment figures have held steady for yet another month, the latest ABS data has revealed.

Australia’s unemployment rate has continued to increase, the ABS has revealed.

Australia’s labour market has shown signs of easing in the latest ABS dataset.

The unemployment rate has risen to levels not seen since January 2022, the ABS has reported.