{"id":405479,"date":"2025-09-18T14:56:33","date_gmt":"2025-09-18T09:26:33","guid":{"rendered":"https:\/\/dripp.zone\/news\/unemployment-rate-steadies-at-4-2-in-august-vs-4-2-expected-crypto-news\/"},"modified":"2025-09-18T15:12:53","modified_gmt":"2025-09-18T09:42:53","slug":"unemployment-rate-steadies-at-4-2-in-august-vs-4-2-expected-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/unemployment-rate-steadies-at-4-2-in-august-vs-4-2-expected-crypto-news\/","title":{"rendered":"Unemployment Rate steadies at 4.2% in August vs. 4.2% expected – Crypto News"},"content":{"rendered":"

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Australia\u2019s\u00a0Unemployment Rate steadied at 4.2% in August, according to the official data released by the Australian Bureau of Statistics (ABS) on Thursday. The figure came in line with the market consensus of 4.2%.<\/p>\n

Furthermore, the\u00a0Australian Employment\u00a0Change arrived at -5.4K in August from 26.5K in July (revised from 24.5K), compared with the consensus\u00a0forecast\u00a0of 22K.<\/p>\n

The participation rate\u00a0in Australia decreased to 66.8% in August, compared to 67% in July. Meanwhile, Full-Time Employment declined by 40.9K in the same period from an increase of 63.6K in the previous reading (revised from 60.5K). The Part-Time Employment increased by 35.5K in August versus a decrease of 37.1K prior (revised from 35.9K).<\/p>\n

Sean Crick, ABS head of labour statistics, said with the key highlights noted below<\/p>\n

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The employment-to-population ratio fell by 0.1 percentage points to 64.0 per cent.<\/p>\n

Females who were employed full-time went down 30,000 people, and males in full-time employment was down by 11,000.<\/p>\n

There was a rise in part-time employment for both females and males, up 18,000 and 17,000 respectively.<\/p>\n<\/blockquote>\n

Market reaction\u00a0to the Australia\u2019s employment data<\/h2>\n

The Australian Dollar (AUD) attracts some sellers following the employment data. At the time of\u00a0writing,\u00a0the AUD\/USD pair\u00a0is trading 0.23% lower on the day to trade at 0.6636.<\/p>\n

AUD\/USD 15-min chart<\/em><\/p>\n

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Australian Dollar Price This week<\/h2>\n

The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies this week. Australian Dollar was the weakest against the Swiss Franc.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n
USD<\/th>\nEUR<\/th>\nGBP<\/th>\nJPY<\/th>\nCAD<\/th>\nAUD<\/th>\nNZD<\/th>\nCHF<\/th>\n<\/tr>\n<\/thead>\n
USD<\/th>\n\n-0.66%<\/td>\n-0.43%<\/td>\n-0.38%<\/td>\n-0.38%<\/td>\n0.10%<\/td>\n0.60%<\/td>\n-0.89%<\/td>\n<\/tr>\n
EUR<\/th>\n0.66%<\/td>\n\n0.25%<\/td>\n0.21%<\/td>\n0.27%<\/td>\n0.80%<\/td>\n1.23%<\/td>\n-0.24%<\/td>\n<\/tr>\n
GBP<\/th>\n0.43%<\/td>\n-0.25%<\/td>\n\n0.04%<\/td>\n0.02%<\/td>\n0.55%<\/td>\n0.97%<\/td>\n-0.60%<\/td>\n<\/tr>\n
JPY<\/th>\n0.38%<\/td>\n-0.21%<\/td>\n-0.04%<\/td>\n\n-0.05%<\/td>\n0.53%<\/td>\n0.98%<\/td>\n-0.50%<\/td>\n<\/tr>\n
CAD<\/th>\n0.38%<\/td>\n-0.27%<\/td>\n-0.02%<\/td>\n0.05%<\/td>\n\n0.61%<\/td>\n0.95%<\/td>\n-0.62%<\/td>\n<\/tr>\n
AUD<\/th>\n-0.10%<\/td>\n-0.80%<\/td>\n-0.55%<\/td>\n-0.53%<\/td>\n-0.61%<\/td>\n\n0.42%<\/td>\n-1.07%<\/td>\n<\/tr>\n
NZD<\/th>\n-0.60%<\/td>\n-1.23%<\/td>\n-0.97%<\/td>\n-0.98%<\/td>\n-0.95%<\/td>\n-0.42%<\/td>\n\n-1.56%<\/td>\n<\/tr>\n
CHF<\/th>\n0.89%<\/td>\n0.24%<\/td>\n0.60%<\/td>\n0.50%<\/td>\n0.62%<\/td>\n1.07%<\/td>\n1.56%<\/td>\n\n <\/tr>\n<\/tbody>\n<\/table>\n

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Australian Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent AUD (base)\/USD (quote).<\/p>\n<\/div>\n<\/div>\n

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This section below was published at 21:30 GMT on Thursday as a preview of the Australia Employment report<\/em><\/p>\n