Australia’s National Jobless Rate in the Spotlight

A staff member shucks oysters at the Sydney Fish Market in Sydney, Australia, on April 14, 2022. Lisa Maree Williams/Getty Images

The state of the Australian labour market will be a focal point this week as the national statistics bureau releases its monthly jobs data.

Australia has been experiencing record-low unemployment as competition for workers remains fierce.

In August, the jobless rate lifted slightly to 3.5 percent as more people started looking for work after many bowed out of the job market due to winter illnesses.