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Economic Buzz: Australia's unemployment rate falls to 4.1% as employment hits record high
22-Jan-2026 10:58
Australia's labour market strengthened in December 2025, with the unemployment rate easing to 4.1% from 4.3% in November. Employment rose sharply by 65,200 to a record 14.68 million, driven mainly by a solid increase in full-time jobs, while the number of unemployed people fell to a seven-month low. Participation edged higher, underemployment declined, and total hours worked increased, pointing to improved labour market conditions overall.

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