22-January-2026
Economy News
 
Australia's Jobless Rate in Surprise Slide to 7-Month Low; Boosts Rate Hike Bets
22-Jan-2026

Australia's jobless rate dropped to a seven-month low and employment figures blew past forecasts in December, prompting markets to now factor in a more than 50% chance of an interest rate hike next month. The Australian dollar gained almost 0.6% to reach a 15-month peak of $0.68, while three-year government bond yields hit a more than two-year high of 4.238%.

News Source:- https://money.usnews.com/investing/news/articles/2026-01-21/australia-december-unemployment-rate-drops-to-7-month-low-as-jobs-jump