16.10.2025 01:50

Australia experienced a notable contraction in part-time employment during September. The latest figures reveal a significant reduction to just 6,300 new part-time positions, a sharp decline from the 35,500 recorded in the preceding period. This pronounced slowdown signals a shift in the nation's immediate labor market landscape.

The upcoming release of Australia's comprehensive September monthly employment report, slated for 0:30 GMT, is currently a focal point for economic observers. Analysts, drawing insights from various internet sources, anticipate that the Australian Bureau of Statistics will disclose the creation of approximately 17,000 new jobs during the month, with the national unemployment rate projected to remain at 4.3 percent.

Financial market observers are largely bracing themselves for what is widely anticipated to be another uninspiring set of employment figures. This subdued expectation has unfortunately become a familiar pattern over recent months, underscoring a period of somewhat sluggish job growth within the Australian economy.