The Australian economy shed 227,700 jobs in May 2020, following a revised 607,400 decline in the previous month and worse than market forecasts of a 125,000 fall, amid business closures and lockdowns due to the coronavirus pandemic.
Employment Change in Australia averaged 12168.24 Persons from 1978 until 2020, reaching an all time high of 99100 Persons in November of 1985 and a record low of -594300 Persons in April of 2020. This page provides the latest reported value for - Australia Employment Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Employment Change - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Australian Bureau of Statistics
Employment Change in Australia is expected to be -75000.00 Persons by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Change in Australia to stand at 26000.00 in 12 months time. In the long-term, the Australia Employment Change is projected to trend around 26000.00 Persons in 2021 and 28500.00 Persons in 2022, according to our econometric models.