Australia's unemployment rate slips to 4.3 per cent

 Australia's unemployment rate declined to 4.3 per cent in October, down from 4.5 per cent in September, in seasonally adjusted terms.

Economists say it has dashed the chances of any near-term interest rate cut.

"If there was ever the slightest chance the RBA could have played Santa and delivered a surprise rate cut at its final meeting of the year next month, it was effectively wiped out following today's firm labour market report," said BetaShares chief economist David Bassanese.

Know more- https://www.abc.net.au/news/2025-11-13/australia-unemployment-rate-october-2025/106004258



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