Jobless rate reaches highest level in almost four years

What this week's surprise unemployment data could mean for your mortgage repayments

Australia's jobless rate has hit a near four-year high, raising speculation it could trigger another rate cut by the Reserve Bank.

ASX records intraday high on jobs data

More people out of work has lifted expectations of an interest rate next month and pushed the Australian sharemarket to record highs.

An unexpected unemployment rate rise puts the RBA odds-on to cut the cash rate – but it’s a headache for Jim Chalmers

A resilient labour market is the jewel in Labor’s crown when it comes to its economic record. Is this month’s data a blip, or the start of something bigger?Get our breaking news email, free app or daily news podcastHear that? That’s the sound of the jobs market creaking, if not cracking.Australia’s unemployment rate unexpectedly jumped to a four-year high of 4.5% in September, up from 4.3% the month before. Continue reading...

Jobless rate reaches highest level in almost four years

Australia's unemployment rate has recorded a surprise jump to 4.5 per cent.