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Australia's jobless rate rises to 4.5 per cent in July
✓ Source-backedMoney & Work

Australia's jobless rate rises to 4.5 per cent in July

Unemployment climbed to 4.5 per cent in July from 4.4 per cent in June, with 691,500 people now out of work.

Why it mattersThe rise suggests interest rates may stop climbing, which could affect mortgage costs and household budgets.

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