The participation rate in Australia fell to an over 15-year low of 63.5 percent in April 2020 from 66 percent in the previous month and well below market expectations of 65.2 percent, amid business closures and lockdowns due to the coronavirus crisis.

Labor Force Participation Rate in Australia averaged 63.37 percent from 1978 until 2020, reaching an all time high of 66.20 percent in August of 2019 and a record low of 60.10 percent in April of 1983. This page provides the latest reported value for - Australia Labor Force Participation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Labor Force Participation Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020. source: Australian Bureau of Statistics

Labor Force Participation Rate in Australia is expected to be 63.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Australia to stand at 66.00 in 12 months time. In the long-term, the Australia Labor Force Participation Rate is projected to trend around 66.10 percent in 2021, according to our econometric models.

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Australia Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
63.50 66.00 66.20 60.10 1978 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-02-20 12:30 AM Jan 66.1% 66% 66% 66%
2020-03-19 12:30 AM Feb 66% 66.1% 66.1% 66.1%
2020-04-16 01:30 AM Mar 66% 66% 65.9% 65.8%
2020-05-14 01:30 AM Apr 63.5% 66% 65.2% 65.8%
2020-06-13 01:30 AM May 63.5% 63.2%
2020-07-18 01:30 AM Jun 63.5%
2020-08-15 01:30 AM Jul
2020-09-19 01:30 AM Aug

Australia Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.20 5.20 11.20 4.00 percent [+]
Employed Persons 12418.71 13017.61 13017.61 5997.64 Thousand [+]
Unemployed Persons 823.28 718.83 960.16 364.69 Thousand [+]
Part Time Employment -373766.00 10141.00 72828.00 -373766.00 Persons [+]
Full Time Employment -220500.00 -9500.00 74800.00 -220500.00 Persons [+]
Employment Change -594300.00 700.00 99100.00 -594300.00 Persons [+]
Labor Force Participation Rate 63.50 66.00 66.20 60.10 percent [+]
Youth Unemployment Rate 13.80 11.50 20.10 7.60 percent [+]
Labour Costs 104.70 104.10 104.70 43.30 points [+]
Productivity 100.20 100.00 104.21 55.70 points [+]
Job Vacancies 226.50 237.10 244.90 28.40 Thousand [+]
Job Advertisements 63806.00 136106.00 258085.47 63806.00 [+]
Wages 1257.00 1237.90 1257.00 59.10 AUD/Week [+]
Wages In Manufacturing 1350.60 1338.30 1350.60 333.00 AUD/Week [+]
Wage Growth 2.10 2.20 4.30 1.90 percent [+]
Minimum Wages 740.80 719.20 740.80 522.12 AUD/week [+]
Population 25.60 25.18 25.60 10.39 Million [+]
Retirement Age Women 66.00 65.50 66.00 62.00 [+]
Retirement Age Men 66.00 65.50 66.00 65.00 [+]
Living Wage Family 2790.00 2920.00 2920.00 2770.00 AUD/Month [+]
Living Wage Individual 1770.00 1820.00 1820.00 1750.00 AUD/Month [+]
Wages Low Skilled 2710.00 2670.00 2710.00 2670.00 AUD/Month [+]
Wages High Skilled 6120.00 6250.00 6250.00 6120.00 AUD/Month [+]
Employment Rate 59.60 62.50 62.90 54.00 percent [+]


Australia Labor Force Participation Rate
The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.