Australian Jobs Market to Hold Strong in Face of US Tariffs

Australian Jobs Market to Hold Strong in Face of US Tariffs
People cross a road near Pitt Street Mall in Sydney CBD, Australia, on Dec. 24, 2024. Roni Bintang/Getty Images
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As U.S. tariffs on steel and aluminium threaten to put thousands of Australians out of work, they can at least be encouraged that jobs remain plentiful in a historically strong labour market.

The unemployment rate is expected to remain at 4.1 percent, well below pre-pandemic levels, when the Australian Bureau of Statistics releases labour force statistics on Thursday.