Australian Labour Market update - February 2026

KPMG’s labour market analysis highlights statistics in the sub-markets that contribute to Australia’s overall unemployment numbers.

While unemployment rates provide a high‑level snapshot of labour market conditions, geographical, industry and skills differences are also critical in shaping the overall state of Australia's labour market. KPMG's analysis examines these industry and regional dynamics to better understand the forces influencing labour demand and supply. Our detailed assessment highlights the underlying factors that drive labour market trends and fluctuations, drawing on the individual components that contrib...

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Authors: Brendan Rynne, Michael Malakellis,

Published Date: 18 February 2026