MELBOURNE -- Australia's unemployment rate rose to 4.3% in June, its highest level since 2021, as a labor market buoyed by government spending appeared to wane amid stubbornly low growth at home and trade uncertainty abroad.
Economy
Australia unemployment spikes as trade tensions hinder hiring
Jobless rate hits highest point since 2021, piling pressure on central bank
Commuters move through Central Station in Sydney on Jan. 15. Australia's unemployment rate rose in June as the country faces weak domestic growth and an unclear foreign trade outlook. © Getty Images
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