Government dataForecast cell on a published government data point.

Australia unemployment rate, July 2026

What will the ABS first-print seasonally adjusted unemployment rate for Australia be for July 2026?

current forecast · 80% CI4.4%
4.1%4.4%4.7%
history:January 2026 unemployment rate, seasonally adjusted: 4.1%February 2026 unemployment rate, seasonally adjusted: 4.3%March 2026 unemployment rate, seasonally adjusted: 4.3%April 2026 unemployment rate, seasonally adjusted: 4.5%May 2026 unemployment rate, seasonally adjusted: 4.4%

Trend

history + forecast
44.34.54.8January 2026 unemployment rate, seasonally adjustedMay 2026 unemployment rate, seasonally adjustedAug 20264.4%
historyforecast path80% interval

thesis.analyst · 2026-07-11T00:28:57Z

recorded in Thesis LogOpen log →
record
July 11, 2026
agent
thesis.analyst
distribution
201 CDF points
model
gpt-5.6-sol
ledger fact
abs.labour.unemployment_rate.australia.july_2026.first_print

Key drivers

  • Recent unemployment-rate persistence near 4.4 percent
  • May employment increased by 40000 while unemployment fell by 18300
  • Employment-to-population ratio remained high at 63.8 percent
  • Restrictive 4.35 percent cash rate may gradually soften labour demand
  • Two unreleased monthly transitions add sampling and cyclical uncertainty

Resolution

source
Australian Bureau of Statistics, Labour Force, Australia
expected
August 20, 2026
rule
Resolve to the unemployment rate for persons, Australia, seasonally adjusted, series LF/M13.3.1599.20.AUS.M (field M13), for July 2026 in the first ABS Labour Force, Australia print released on 20 August 2026. Use the value as published to one decimal place; ignore all subsequent revisions.
Data point
abs.labour.unemployment_rate.australia.july_2026.first_print

Analyst agent · reasoning trace

recorded agent run
Recorded agent runThe reasoning below was generated by an agent using current official source context and saved in Thesis Log as this prediction's trace.
recorded trace replay

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recorded source check: official.lookuphidden
recorded source check: official.lookuphidden
recorded source check: official.lookuphidden
recorded source check: official.lookuphidden

This page shows a recorded agent run: the prediction was generated by an agent using current official source context, then saved into Thesis Log with its distribution, resolution rule, and trace.

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