Full story: https://grafa.com/en/news/australia/australia-records-4-5-unemployment-in-july Employment in Australia fell by 16,000 people in July while the national unemployment rate rose to 4.5%. Market analysts noted limited immediate impact on major equity indices following the data release. The agency is advancing its labour force modernisation project towards a September completion. The Australian Bureau of Statistics reported that the national unemployment rate rose to 4.5% in July. This change followed a total fall of 16,000 jobs across the Australian economy during the month. "In July, we recorded a 16,000 person fall in employment, whilst the number of unemployed people rose by 4,000," said Australian Bureau of Statistics head of labour statistics Sean Crick. Total hours worked acr