Australia’s unemployment rate fell -0.1 pts to 4.2% in July 2025, as employment rose +24.5k MoM (+1.8% YoY) to 14.64 million.

• Unemployed people fell -10.2k MoM (-1.5%) to 649k, up +3.1% YoY.
• Full-time employment surged +60.5k, while part-time jobs dropped -35.9k.
• Underemployment rate edged down -0.1 pts to 5.9% (-0.5 pts YoY); underutilisation fell -0.2 pts to 10.1%.
• Participation rate held steady at 67.0%; employment-to-population ratio rose to 64.2%.
• Monthly hours worked rose +6 million MoM (+0.3%) to 1,987 million, up +41 million (+2.1%) YoY.