Labour market remains robust despite soft economic growth

Demand for labour in Australia remains strong, with data suggesting employers remain willing to hire despite broader economic uncertainty, as highlighted by Senior Economist Terry Rawnsley.

Australia's labour market has continued to demonstrate remarkable resilience, with strong job creation and rising workforce participation signalling ongoing demand for workers despite soft economic growth and continued cost-of-living pressures. According to the latest Australian Bureau of Statistics data, the economy added 76,300 jobs in June, while the unemployment rate remained steady at 4.4 percent for a second consecutive month. The strong result was partly influenced by a larger-than-u...

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Authors: Terry Rawnsley

Published Date: 24 July 2026