Australia Minimum Weekly Wage  Forecast 2016-2020

Minimum Wages in Australia is expected to be 688.06 AUD/week by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Minimum Weekly Wage is projected to trend around 760.00 AUD/week in 2020, according to our econometric models.

Australia Minimum Weekly Wage
Please Paste this Code in your Website
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.






Australia Labour Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Unemployment Rate 5.6 5.4 5.5 5.4 5.6 5.6
Employed Persons 12167 12235 12297 12353 12405 12750
Unemployed Persons 728 705 718 716 714 712
Part Time Employment -48020 5000 6940 6870 6873 6900
Full Time Employment 62000 23550 12768 9008 7751 7017
Employment Change 14000 10000 18600 22938 22938 15600
Labor Force Participation Rate 65 64.9 64.96 64.96 64.96 64.96
Youth Unemployment Rate 13.1 12.98 13.01 13.03 13.04 13.05
Productivity 102 104 105 104 104 105
Labour Costs 99.3 98.86 98.49 98.46 98.21 97.14
Job Vacancies 189 190 189 188 188 187
Job Advertisements 177879 182036 186686 189837 191963 196260
Wages 1164 1178 1182 1186 1191 1233
Wages In Manufacturing 1295 1319 1327 1334 1342 1419
Wage Growth 1.9 1.93 2.9 2 2.01 3.3
Minimum Wages 695 688 690 709 716 760
Population 24.13 24.19 24.28 24.28 24.28 25.62
Retirement Age Women 65.5 65.5 65.5 65.5 65.5 66
Retirement Age Men 65.5 65.5 65.5 65.5 65.5 66
Wages High Skilled 5350 5537 5537 5538 5538 5538
Living Wage Family 2582 2588 2588 2588 2588 2588
Living Wage Individual 2260 2229 2231 2230 2231 2231
Employment Rate 61.46 61.59 61.56 61.5 61.49 61.51