Australia’s unemployment rate rises for first time in 10 months

By Rhea Laxmi Nath · 15 September 2022 · News

Australia’s unemployment rate rises for first time in 10 months

Australia's Job Market Takes a Slight Hit

After a 10-month streak of good news, Australia's unemployment rate has finally taken a turn for the worse. But what does this mean for the country's economic future?

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Summary

Australia’s unemployment rate increased slightly in August even as the number of Australians working multiple jobs reached a record high.