Australia Job Vacancies - Forecast

Job Vacancies in Australia is expected to be 245.56 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Job Vacancies in Australia to stand at 258.96 in 12 months time. In the long-term, the Australia Job Vacancies is projected to trend around 256.88 Thousand in 2020, according to our econometric models.


Australia Job Vacancies
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Australia Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 5.4 5.5 5.5 5.4 5.4 5.6
Employed Persons 12518 12660 12710 12820 12900 13500
Unemployed Persons 715 719 717 716 715 713
Part Time Employment 32648 8387 7304 7392 7372 6900
Full Time Employment -20600 7790 8923 9255 9362 9403
Employment Change 12000 19803 17100 20440 20454 15600
Labor Force Participation Rate 65.5 65.6 65.6 65.8 65.7 66
Youth Unemployment Rate 11.6 12.2 12 12.8 12.2 13
Productivity 101 102 102 102 102 102
Labour Costs 101 102 102 102 102 103
Job Vacancies 234 246 253 257 259 257
Job Advertisements 175660 174971 174286 173779 173431 172755
Wages 1192 1210 1210 1230 1230 1300
Wage Growth 2.1 2.3 2.4 2.4 1.99 3.3
Wages In Manufacturing 1309 1310 1310 1350 1350 1400
Minimum Wages 719 719 719 740 740 760
Population 24.7 25.2 25.3 25.4 25.5 26
Retirement Age Women 65.5 65.5 65.5 65.25 65 66
Retirement Age Men 65.5 65.5 65.5 66 66 66
Living Wage Family 3420 3500 3500 3600 3442 3600
Living Wage Individual 2420 2431 2432 2431 2431 2430
Wages Low Skilled 2440 2481 2481 2506 2494 2506
Wages High Skilled 6110 6200 6200 6200 6144 6300
Employment Rate 61.9 61.9 61.9 61.9 61.9 61.9