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Australia's unemployment rate rises to 4.5% as jobs decline

Australia
First seen: Aug 20, 2026, 2:32 AM UTCUpdated: Aug 21, 2026, 9:16 PM UTC

Australia's unemployment rate rose to 4.5%, while the Reserve Bank held its policy rate at 4.35%.

Worsening employment conditions may signal broader economic weakness and affect household and business activity.

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