Australia's unemployment rises to highest level in five years

Summarised from 2 outlets · Updated 24 Sept, 07:38 · Archive

Australia's unemployment rate has risen to 4.6 per cent, the highest level in almost five years.

The Australian Bureau of Statistics reported that unemployment increased to 4.6 per cent in August, up from 4.5 per cent the previous month. Economists say Australians are seeking additional work to manage rising living costs and anticipated higher mortgage repayments.

How it is being reported

• Australians ‘scrambling’ for second jobs to deal with rising mortgage repayments and cost of livingGuardian Business · 24 Sept, 07:12
• Australia's unemployment rate jumps to highest level in almost five yearsDaily Mail · 24 Sept, 03:28

In this story: Australia · Australian Bureau of Statistics · RBA

This summary was written by AI from the headlines and standfirsts above, and states as fact only what at least two outlets report. How we use AI · Report a problem