# RBA Deputy Governor: Labor Market Easing Faster Than Expected

> RBA Deputy Governor Christopher Kent says labor market tightness is easing faster than expected, with September unemployment at 4.7%.
- Title: RBA Deputy Governor: Labor Market Easing Faster Than Expected
- Summary: RBA Deputy Governor Christopher Kent says labor market tightness is easing faster than expected, with September unemployment at 4.7%. RBA Deputy Governor…
- Keywords: rba, christopher kent, unemployment rate, policy interest rate, consumer price index, rate hike, finance, markets, Deputy, Governor, Labor, Market
- Source: BigGo Finance — https://finance.biggo.com/news/bf9a8d66-e552-4ba2-b6e7-3c915b38612c
- Author: BigGo Finance
- Published: 2026-10-19T01:55:39+00:00
- Read time: 1 min
- Topics: rba, christopher kent, unemployment rate, policy interest rate, consumer price index, rate hike, finance, markets
## Labor Market Tightness Easing
RBA Deputy Governor Christopher Kent says labor market tightness is easing faster than previously assumed.
## September Unemployment Rate
September unemployment rose to 4.7%, a five-year high.
## Market Reaction to Data
Markets lowered the probability of further rate hikes after the unemployment data.
## Key Policy Question
Kent said the labor market easing could stem from weakening demand or rising labor costs.
## Next Week's CPI Data
The quarterly Consumer Price Index will be a key input for the RBA's judgment next week.
## Key takeaway

RBA Deputy Governor Christopher Kent states labor market easing is faster than expected, with September unemployment at 4.7%.