Australia's unemployment hits 4-1/2 year high, lessens risk of rate rise - Reuters

<a href="https://news.google.com/rss/articles/CBMivgFBVV95cUxNSXY4Uy1idWhpeklZaG9FY2hFQnBMV1dnVnh6ZlROZDFmZWdnb1RBM1ZHU3h2MDhDd080eGhkWUdxeHFEWk90ZlBTbk1pVWwwVEdmeXhfc0NsaTQxVEd6eFpsWFJwdm9UTXgtdjdEQ0pERzVyTG16VURFWF82d1VYdlZYRDA4TGoyd3dqY0otelcwRVlPZ1Y2U1ZNcVd1enh0alZ6OW5vX1BzZFhublNpZHU0MGRMVFhwS2VqN2dR?oc=5" target="_blank">Australia's unemployment hits 4-1/2 year high, lessens risk of rate rise</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

Australian employment unexpectedly fell in April, with the jobless rate rising to 4.5%, the highest since November 2021, reducing the likelihood of an immediate interest rate hike by the Reserve Bank of Australia.

Australian employment declined by 18,600 in April, with the unemployment rate climbing to 4.5%, the highest since November 2021, leading markets to reduce expectations for a near-term interest rate hike.