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Australian unemployment rate reaches 4.1 percent for January - report

Author
Newstalk ZB,
Publish Date
Thu, 20 Feb 2025, 5:36pm
Photo / Getty
Photo / Getty

Australian unemployment rate reaches 4.1 percent for January - report

Author
Newstalk ZB,
Publish Date
Thu, 20 Feb 2025, 5:36pm

Australia's unemployment rate rose to 4.1 percent in January from 4 percent in December, in line with expectations from economists.

According to the Australian Bureau of Statistics, employment increased by 44,000 last month, with full time positions increasing and part time roles dropping.

Australian correspondent Murray Olds says the Reserve Bank is largely hoping the unemployment rate keeps growing - so they can bring rates down further. 

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