News Brief: Australia’s Unemployment Rate
Summary
Australia’s unemployment rate fell to 4.3% in October, down from 4.5% in September. Economists state this strong labor market report eliminates the possibility of an interest rate cut by the Reserve Bank of Australia in the near future.
Key Points
- Unemployment Rate: Dropped to 4.3% in October (seasonally adjusted), returning to the level seen in June-August.
- Job Growth: Employment increased by 42,200 people; unemployment fell by 17,000.
- Market Stability: The participation rate held at 67%, and the employment-to-population ratio remained at 64%.
- Interest Rates: The strong data makes a rate cut at the RBA’s December meeting highly unlikely. Future cuts depend on easing inflation or a weaker economy.
- Economic Outlook: The RBA forecasts unemployment to stabilize around 4.4% through 2025. Employment growth has slowed significantly in 2024 compared to 2023.
新闻简报：澳大利亚失业率
总结
澳大利亚十月份失业率从九月的4.5%降至4.3%。经济学家表示，这份强劲的劳动力市场报告意味着澳大利亚储备银行在近期内不会降息。
关键点
- 失业率：十月经季节性调整后降至4.3%，恢复至六至八月的水平。
- 就业增长：就业人数增加42,200人；失业人数减少17,000人。
- 市场稳定：参与率维持在67%，就业人口比例保持在64%。
- 利率：强劲的数据使得澳洲联储在12月会议上降息的可能性微乎其微。未来的降息将取决于通胀压力缓解或经济进一步疲软。
- 经济展望：澳洲联储预测到2025年底失业率将稳定在4.4%左右。2024年的就业增长与2023年相比已显著放缓。
Original Article Link: https://www.abc.net.au/news/2025-11-13/australia-unemployment-rate-october-2025/106004258