19/10/2026
Australia’s unemployment rate has hit a five-year high of 4.7 per cent in September, official figures show. The last time it was higher was at the end of the Covid lockdowns in October 2021.
Throughout 2026, the seasonally adjusted unemployment rate has increased steadily, up from 4.1 per cent in January. The warning signs of a slowing labour market are mounting.
So what’s next? Inside Small Business investigates.
Australia’s unemployment rate has hit a five-year high of 4.7 per cent in September, official figures show. The last time it was higher was at the end of the Covid lockdowns in October 2021.