Financial News: Australia Jobless Rate Highest Since 2021

Australia Jobless Rate Highest Since 2021

05/21/2026 - 02:20:00 (RTTNews)

(RTTNews) - Australia's unemployment rate rose to the highest since 2021 in April, data from the Australian Bureau of Statistics showed Thursday.

The unemployment rate rose to 4.5 percent in April from 4.3 percent in March. This was the highest since November 2021, when the rate was 4.6 percent.

The number of unemployed increased by 33,000 to 692,500 in April and employment decreased by 18,600 to 14.74 million.

"Compared to what we usually see in April, more people remained unemployed this month," ABS head of labour statistics Sean Crick said.

Despite the decrease in employment in April, hours worked increased 15.8 million hours.

The labor force participation rate edged down to 66.7 percent in April from 66.8 percent in the previous month.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Australia Jobless Rate Highest Since 2021 (51 min(s), 12 sec(s) ago)
(RTTNews) - Australia's unemployment rate rose to the highest since 2021 in April, data from t ...Full Story»

Japan Core Machinery Orders Slump 9.4% In March (51 min(s), 48 sec(s) ago)
(RTTNews) - The value of core machinery orders in Japan was down a seasonally adjusted 9.4 percent ...Full Story»

Japan Trade Surplus Y301.9 Billion In April (45 min(s), 48 sec(s) ago)
(RTTNews) - Japan posted a merchandise trade surplus of 301.9 billion yen in April, the Ministry o ...Full Story»

Australia Manufacturing PMI Fades In May - S&P Global (23 min(s), 48 sec(s) ago)
(RTTNews) - The manufacturing sector in Australia continued to expand in May, albeit at a slower p ...Full Story»

New Zealand Has NZ$1.920 Billion Trade Surplus (17 min(s), 48 sec(s) ago)
(RTTNews) - New Zealand posted a merchandise trade surplus of NZ$1.920 billion in April, Statistic ...Full Story»

Australia Unemployment Data Due On Thursday (52 min(s), 48 sec(s) ago)
(RTTNews) - Australia will on Thursday release April numbers for unemployment, highlighting a bust ...Full Story»

South Korea Producer Prices Jump 2.5% In April (25 min(s), 48 sec(s) ago)
(RTTNews) - Producer prices in South Korea climbed 2.5 percent on month in April, the Bank of Kore ...Full Story»

Fed Minutes Provide Details About Unusually Divided Vote (05 min(s), 48 sec(s) ago)
(RTTNews) - While the Federal Reserve's decision to once again leave interest rates unchanged ...Full Story»