Despite the unemployment rate ticking up last month, ABS Labour Force data shows more Australians are in work than ever before.
Today's figures show some slight softening in the labour market, but more jobs were created, unemployment remains low and participation remains close to its record high.
While slightly higher unemployment is the inevitable consequence of extreme uncertainty in the global economy and the impact of higher interest rates, our labour market remains resilient.
The Albanese Labor Government continues to oversee record job creation, with employment increasing by 1,135,500 (or 8.4 per cent) since May 2022, a stronger rate of employment growth than any other major advanced economy.
People in work increased by 2,000 in June 2025, to a record high of 14,619,300, and has risen by 286,300 (or 2.0 per cent) over the year.
While the unemployment rate increased by 0.2 percentage points in June, to 4.3 per cent, the labour force participation rate also rose over the month, to 67.1 per cent.
The participation rate is close to its record high and has been at or above 67 per cent only 10 times since records began and all of these have been during the Albanese Labor Government.
Despite the tick up in unemployment, the number of people in work remains higher than ever before.
Minister for Employment and Workplace Relations Amanda Rishworth acknowledged that while this month's result shows a softening, the underlying labour market remains resilient.
"Under Labor more people are employed, they are earning more and keeping more of what they earn," Minister Rishworth said.
"Delivering more jobs and higher wages is one of the best ways we can support Australians with the cost-of-living."
