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Australia’s seasonally adjusted unemployment rate stood at 4.3% in November 2025, unchanged from October, below expectations of 4.4%. The number of unemployed people dropped by 2,100 to a three-month low of 662,300 in November, down from 664,400 in October. Among them, the number of people seeking part-time jobs declined by 7,600 to 216,000, while those looking for full-time jobs increased by 5,500 to 446,300. Meanwhile, employment unexpectedly fell by 21,300 to 14.66 million, missing forecasts for a 20,000 rise, shifting from a downwardly revised gain of 41,200 in October. Full-time employment decreased by 56,500 to 10.08 million, while part-time employment increased by 35,200 to 4.58 million. The participation rate edged down to 66.7% from 66.9% in October and below estimates of 67.0%, marking the lowest in eight months. The underemployment rate climbed to 6.2% from 5.7% in October. Additionally, total monthly hours worked across all jobs declined by 1 million to 1,996 million.