Australia's unemployment rate increased to 3.7 per cent in October, despite more than 50,000 people finding work in the past 30 days.
New data released by the Australian Bureau of Statistics (ABS) today showed the unemployment rate increased by 0.2 per cent, or about 28,000 people.
Bjorn Jarvis, ABS head of labour statistics, said the unemployment rate had returned to where it was in July and August.
"The large increase in employment in October followed a small increase in September of around 8000 people," Jarvis said.
"Looking over the past two months, these increases equate to average employment growth of around 31,000 people a month, which is slightly lower than the average growth of 35,000 people a month since October 2022."
In the previous reporting month of September, the unemployment rate remained at 3.6 per cent, despite an increase in the overall number of employed Australians.
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More to come ...