Unemployment
Drawing on Australian Bureau of Statistics data, Gareth Hutchins reports that unemployment rose to 4.3% in June, from 4.1% in May 2025.
ABS data record that ‘part-time employment grew by 40,000 people, while full-time employment fell by 38,000 people, which contributed to a noticeable decline in monthly hours worked in all jobs and a slight rise in the underemployment rate.’
Of particular concern is the surging rate of youth unemployment (people aged 15 to 24 years) ‘from 9.5 to 10.4%, its highest level since November 2021.’
Gareth Hutchins, 17 July 2025, Unemployment rate rises to 4.3pc in June, ABC News:
https://www.abc.net.au/news/2025-07-17/unemployment-rate-australia-june-2025/10554085
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