Australia's jobless rate hits 4.7%, threatening to deter skilled migrants
Australia's unemployment rate reached 4.7 percent in September, the highest since October 2021, and is expected to rise further over the next two years. Experts warn a weak labour market could deter skilled migrants from relocating to Australia, as economic opportunity is the primary reason migrants come to the country. The forecast unemployment could approach 800,000 people.
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Published 15 Oct 2026, 18:43 UTC · Updated 15 Oct 2026, 18:50 UTC
Summary by OZbrief Editorial. Original report: SBS News – Australia. Editorial policy · Corrections
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