Unemployment dips to 4.3% in October – ABS

More Australians secured jobs compared to a typical October

Unemployment dips to 4.3% in October – ABS

The unemployment rate declined to 4.3% in October, with more people securing jobs than usual, according to the latest data from the Australian Bureau of Statistics (ABS).

"The unemployment rate dropped to 4.3% after rising to 4.5% in September. The October unemployment rate is in line with June, July, and August 2025," said Sean Crick, ABS head of labour statistics, in a statement.

The drop comes as the number of unemployed people fell by 17,000, while the number of employed people increased by 42,000.

"This month more unemployed people moved into employment compared to a typical October," Crick said.

Full-time employment up

Meanwhile, full-time employment in Australia rose by 55,000 people, while part-time employment fell by 13,000.

According to the ABS, women in full-time employment increased by 29,000, higher than the 26,000 men in full-time work.

On the other hand, part-time employment for women decreased by 21,000 people, while there was an 8,000 increase in men in part-time work.

The participation rate remained steady at 67%, while the employment-to-population ratio remained at 64%. 

Treasurer Jim Chalmers welcomed the data in a statement.

"This is a very positive result that shows the progress we’ve made together on the economy despite difficult global circumstances," he said.

"We're one of the few countries around the world that have been able to keep people in jobs in the face of extreme global uncertainty, and that's what this data shows."

Online job ads up

The drop in unemployment comes as the country recorded a small increase in online job ads in October, according to Jobs and Skills Australia.

Trades and technical roles saw the biggest increase in online job ads with +1.8%, while high-skilled roles saw a drop of 0.9%.

"Recruitment activity was concentrated in metropolitan Australia, with 70.2% of job advertisements in October 2025 found in Australia's capital cities," the report read.

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