Australia Retirement Age - Men - Forecast

Retirement Age Men in Australia is expected to be 65.50 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Retirement Age - Men is projected to trend around 66.00 in 2020, according to our econometric models.


Australia Retirement Age - Men
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Australia Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 5.5 5.4 5.3 5.2 5.4 5.6
Employed Persons 12454 12495 12526 12542 12550 12532
Unemployed Persons 724 728 726 723 720 693
Part Time Employment 65900 11688 6223 6611 6597 6900
Full Time Employment -49800 3862 7551 7054 7039 7132
Employment Change 16000 22019 16711 14780 17100 15600
Labor Force Participation Rate 65.6 65.62 65.6 65.58 65.57 65.38
Youth Unemployment Rate 12.3 12.33 12.37 12.41 12.45 12.78
Productivity 101 98.88 98.46 98.25 98.15 97.78
Labour Costs 100 101 101 101 101 101
Job Vacancies 211 216 217 217 215 203
Job Advertisements 177961 178825 182512 182524 180536 146588
Wages 1179 1195 1200 1204 1208 1233
Wages In Manufacturing 1254 1238 1235 1233 1230 1220
Wage Growth 2 2.18 2 2.33 2.2 3.3
Minimum Wages 695 695 705 705 705 760
Population 24.13 24.26 24.26 24.26 24.3 24.66
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
Living Wage Family 3420 3439 3442 3444 3447 3437
Living Wage Individual 2420 2430 2431 2432 2433 2428
Wages Low Skilled 2440 2516 2504 2493 2481 2523
Wages High Skilled 6110 6158 6151 6143 6136 6163
Employment Rate 62 62.06 62.05 62.02 61.98 61.51