https://www.live-feeds.com/feed/au-unemployment-rate-reaches-post-covid-era-high-of-4-6pc-in-augustContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/au-unemployment-rate-reaches-post-covid-era-high-of-4-6pc-in-augusthttps://www.live-feeds.com/feed/au-unemployment-rate-reaches-post-covid-era-high-of-4-6pc-in-august#u84423Sat, 26 Sep 2026 00:11:15 +0000Australia's unemployment rate rose to 4.6% in August, marking a high for the post-COVID era. The increase exceeded forecasts and came as a surprise to markets. While the jobless rate climbed, the employment rate also increased during the same period. Australian shares trimmed their declines following the release of the data. This labor market shift occurs as citizens seek second jobs to manage the rising cost of living and increased mortgage repayments.Why it mattersThe jump in unemployment arrives just before a scheduled interest rate decision by the Reserve Bank of Australia. Labor mark