Australia’s unemployment rate inches higher to 4.1% in June making a rate cut less likely

Office workers reflected in a Sydney CBD window. An RBA cash rate cut appears a little less likely. Photograph: Dan Himbrechts/AAP

Australia’s jobless rate rose in June even as employers added the most new positions since February as more people started looking for work.

The unemployment rate in June was 4.1% seasonally adjusted, the Australian Bureau of Statistics said on Thursday. That compared with the 4.1% pace expected by economists and the 4% rate previously reported for May.