Labor Force Participation Rate in Australia increased to 66.20 percent in December from 66.10 percent in November of 2020. source: Australian Bureau of Statistics

Labor Force Participation Rate in Australia averaged 63.39 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 January of 2021.

Labor Force Participation Rate in Australia is expected to be 66.00 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 66.10 in 12 months time. In the long-term, the Australia Labor Force Participation Rate is projected to trend around 66.30 percent in 2022, according to our econometric models.

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Australia Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
66.20 66.10 66.20 60.10 1978 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-10-15 12:30 AM Sep 64.8% 64.9% 64.8% 64.8%
2020-11-19 12:30 AM Oct 65.8% 64.9% 64.7% 64.8%
2020-12-17 12:30 AM Nov 66.1% 65.8% 66% 66%
2021-01-21 12:30 AM Dec 66.2% 66.1% 66.2% 66.2%
2021-02-18 12:30 AM Jan
2021-03-18 12:30 AM Feb
2021-04-15 01:30 AM Mar
2021-05-20 01:30 AM Apr

Australia Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.60 6.80 11.20 4.00 percent [+]
Employed Persons 12860.70 12770.70 12999.96 5997.66 Thousand [+]
Unemployed Persons 942.10 959.40 1008.30 364.69 Thousand [+]
Part Time Employment 14300.00 5700.00 251875.00 -371435.00 Persons [+]
Full Time Employment 35700.00 84200.00 97000.00 -236000.00 Persons [+]
Employment Change 50000.00 90000.00 227800.00 -607400.00 Persons [+]
Labor Force Participation Rate 66.20 66.10 66.20 60.10 percent [+]
Youth Unemployment Rate 13.90 15.60 20.10 7.60 percent [+]
Labour Costs 92.60 94.00 104.80 43.30 points [+]
Productivity 100.20 100.00 104.21 55.70 points [+]
Job Vacancies 254.40 206.00 254.40 26.80 Thousand [+]
Job Advertisements 159156.00 145684.00 255930.00 64801.00 [+]
Wages 1304.70 1257.00 1304.70 59.10 AUD/Week [+]
Wages In Manufacturing 1381.30 1350.60 1381.30 333.00 AUD/Week [+]
Wage Growth 1.40 1.80 4.30 1.40 percent [+]
Minimum Wages 753.80 740.80 753.80 522.12 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 [+]
Employment Rate 61.20 60.40 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.