The number of unemployed persons in Australia increased to 672.05 Thousand in October of 2018 from 667.45 Thousand in September of 2018. Unemployed Persons in Australia averaged 632.67 Thousand from 1978 until 2018, reaching an all time high of 959.99 Thousand in December of 1992 and a record low of 364.64 Thousand in June of 1981.
Unemployed Persons in Australia is expected to be 661.76 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in Australia to stand at 636.95 in 12 months time. In the long-term, the Australia Unemployed Persons is projected to trend around 626.55 Thousand in 2020, according to our econometric models.