The unexpected jump strengthens the case for the Reserve Bank to cut the official cash rate in November.
Articles on Unemployment rate
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While unemployment unexpectedly rose to 4.3%, there’s some good news hidden in the data. And for homeowners, it makes a rate cut next month more likely than before.
South Sulawesi’s rural youth navigate livelihood uncertainty and seek pathways towards hopeful futures.
Nigeria’s President Bola Tinubu has introduced far-reaching economic reforms. They are unlikely to improve the living conditions of Nigerians in 2025.
Labour has vowed to end divisive discourse demonising out-of-work people as ‘scroungers’ - but how does this fit with its tough warnings about people who don’t ‘engage’?
Sharp increases and decreases in the number of immigrants are nothing new in Canada. Historically, immigration levels increase when the unemployment rate declines, and fall when unemployment rises.
The headline figures look good, but employment growth is slowing and hours worked are barely growing.
For a more nuanced view, dig beneath the numbers that make the news.
The third and final part of our series What happened to Nelson Mandela’s South Africa on The Conversation Weekly podcast. Featuring interviews with Sithembile Mbete and Richard Calland.
Increasing the quality of a traditional wine sourced from plantain in Nigeria offers a viable way of reducing waste and boosting food security.
We estimate that unemployment and underemployment in the 13 years between 2004 and 2016 directly resulted in more than 3,000 Australian deaths by suicide.
The pandemic has changed economic thinking on how low the unemployment rate can go. We now need a new full employment target.
Australia’s employment growth is slowing, but the ups and downs from month to month make it hard say what happens next.
Nigeria’s 2023 budget could worsen the country’s cycle of deficits and debts.
An unfunded expansion of the social transfer system could lead to even worse economic outcomes — the medicine should not be worse than the disease.
High unemployment rates are among South Africa’s biggest challenges. Three of the president’s advisors talk through what is needed to change the status quo.
Bola Tinubu will be saddled with a near comatose economy. Here are four priorities that would make the difference.
What’s driving this new ultra-low unemployment? Digging into economic data reveals something we haven’t seen before – which has already changed the lives of almost 100,000 Australians.
Australia has its lowest unemployment rates in almost 50 years – helped along by high numbers of employees off work sick.
The concept of unemployment and an unemployment rate is fairly new, dating back to the end of the second world war. It’s increasingly unfit for purpose.
Top contributors
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Professor of Economics, The University of Melbourne
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Scientia Professor of Economics, UNSW
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Professor of Economics & Business, Allegheny College
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Associate Professor of Business, Boston University
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Professorial Fellow, University of Canberra
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Visiting Fellow, Crawford School of Public Policy, Australian National University
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Professor of Management, Co-Director of the MIT Sloan Institute for Work and Employment Research, MIT Sloan School of Management
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Professor of Economics, University of Canberra
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Senior Research Fellow (Macroeconomics), Melbourne Institute, The University of Melbourne
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Associate Professor, Bankwest Curtin Economics Centre, Curtin University
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Professor of Economics, University of Nebraska Omaha
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Associate Professor of Economics, Pace University
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ARC Future Fellow, School of PEMS, UNSW
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Professor / Director of Work-Integrated Learning (WIL) programs, ECU School of Business and Law, Edith Cowan University
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Assistant Professor of Economics, Middlebury College