Australia's unemployment rate hits two-year high data

Joblessness accelerated in January, jumping above 4%, official statistics show

Australia's unemployment rate has risen to its highest level since early 2022, hitting 4.1% in January, the Australian Bureau of Statistics (ABS) reported on Thursday.

The figure is slightly above the consensus expectation of 4%, an uptick from December's reported 3.9%. The economy added 11,100 full-time jobs and