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AAP
AAP
Business
Kat Wong and Andrew Brown

Jobless rate nears four-year high, firms rethink plans

Reserve Bank Gareth Spence James Ross RBA Unemployment Economy
Australia's jobless rate rose to 4.3 per cent in June, which was higher than expected. (Dean Lewins/AAP PHOTOS)

The unemployment rate has reached its highest level in nearly four years as global uncertainty and the fallout from US tariffs cause firms to rethink hiring plans.

Australian Bureau of Statistics data released on Thursday showed the jobless rate rose from 4.1 per cent to 4.3 per cent in June as the number of people without work rose by 34,000.

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