Australia's unemployment rate is tipped to remain historically low as workers reap the benefits of tighter than average labour market conditions.

Economists at ANZ Bank expect the jobless rate to hold steady at 4.2 per cent when the Australian Bureau of Statistics publishes its labour force update for August on Thursday.

Other than a brief moment in June this year, the unemployment rate has held below 4.3 per cent since late 2021.

It's a remarkable run of strength for the nation's labour market, considering Australians had become accustomed to seeing the rate with a five in front of it before the COVID-19 pandemic.

The consensus of economists expects something similar to the 24,500 extra jobs created in July, although ANZ's Aaron Luk predicts an even stronger addition of 32,500.

"Lea

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