Unemployment eases but trend rate hits four-year high (opens original article in a new tab)

Australia's unemployment rate decreased in May but the trend rate reached a four-year high, indicating ongoing economic challenges.

• Australia's headline unemployment rate fell to 4.4% in May from 4.5% in April
• Trend unemployment rate rose to 4.4% in May, the highest since 2022
• Unemployment has shown a long-term upward trend over four years despite economic support measures