Australia Unemployment Rate  1978-2017 | Data | Chart | Calendar

Australia's seasonally adjusted unemployment rate fell to 5.6 percent in July of 2017 from an upwardly revised 5.7 percent in a month earlier and matching market estimates. The economy added 27,900 jobs while the number of unemployed increased by 1,100. Unemployment Rate in Australia averaged 6.90 percent from 1978 until 2017, reaching an all time high of 11.20 percent in December of 1992 and a record low of 4 percent in February of 2008.

Australia Unemployment Rate
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Australia Jobless Rate Down Slightly to 5.6% in July


Australia's seasonally adjusted unemployment rate fell to 5.6 percent in July of 2017 from an upwardly revised 5.7 percent in a month earlier and matching market estimates. The economy added 27,900 jobs while the number of unemployed increased by 1,100.

In July, the seasonally adjusted labour force participation rate increased to a 18-month high of 65.1 percent from 65.0 percent in the previous period, slightly above expections of 65.0 percent.

Employment increased by 27,900 to 12,201,400, beating estimates of a 20,000 increase: full-time employment decreased by 20,300 to 8,342,300 while part-time employment increased by 48,200 to 3,859,100.

Unemployment increased 1,100 to 730,600. The number of unemployed persons looking for full-time work fell by 3,800 to 496,400 and the number of unemployed persons only looking for part-time work rose 4,900 to 234,200.

Seasonally adjusted aggregate monthly hours worked in all jobs decreased 14.4 million hours (0.8 percent) to 1,690.4 million hours. Meantime, the seasonally adjusted employment to population ratio went up to 61.4 percent, the highest since April 2013.

ABS l Rida Husna | rida@tradingeconomics.com
8/17/2017 1:59:49 AM



Calendar GMT Actual Previous Consensus Forecast (i)
2017-06-15 01:30 AM May 5.5% 5.7% 5.7% 5.7%
2017-07-20 01:30 AM Jun 5.6% 5.6% 5.6% 5.6%
2017-08-17 01:30 AM Jul 5.6% 5.7% 5.6% 5.6%
2017-09-14 01:30 AM Aug 5.6% 5.6%
2017-10-19 12:30 AM Sep 5.5%
2017-11-17 12:30 AM Oct 5.5%


Australia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.60 5.70 11.20 4.00 percent [+]
Employed Persons 12201.37 12173.46 12201.37 5995.68 Thousand [+]
Unemployed Persons 730.60 729.52 958.43 363.58 Thousand [+]
Part Time Employment 48242.00 -49334.00 71854.00 -72790.00 Persons [+]
Full Time Employment -20300.00 69300.00 75000.00 -80900.00 Persons [+]
Employment Change 27900.00 20000.00 99500.00 -74800.00 Persons [+]
Labor Force Participation Rate 65.10 65.00 65.80 60.10 percent [+]
Youth Unemployment Rate 12.90 13.10 20.22 7.61 percent [+]
Productivity 102.10 101.90 104.21 58.20 Index Points [+]
Labour Costs 99.30 99.30 102.50 45.40 Index Points [+]
Job Vacancies 189.20 186.40 190.00 28.40 Thousand [+]
Job Advertisements 177879.00 175175.00 258098.00 69799.00 [+]
Wages 1179.00 1163.50 1179.00 59.10 AUD/Week [+]
Wages In Manufacturing 1254.10 1295.10 1295.10 333.00 AUD/Week [+]
Wage Growth 1.90 1.90 4.30 1.90 percent [+]
Minimum Wages 694.90 672.70 694.90 543.78 AUD/week [+]
Population 24.13 23.94 24.13 10.39 Million [+]
Retirement Age Women 65.50 65.00 65.50 62.00 [+]
Retirement Age Men 65.50 65.00 65.50 65.00 [+]
Wages High Skilled 5350.00 6590.00 6590.00 5000.00 AUD/Month [+]
Living Wage Family 2582.40 2559.90 2657.10 2549.80 AUD/Month [+]
Living Wage Individual 2260.43 2206.65 2299.00 2173.00 AUD/Month [+]
Employment Rate 61.46 61.56 63.41 53.48 percent [+]


Australia Unemployment Rate Notes

In Australia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Australia Unemployment Rate at 5.8% in December - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on August of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
5.60 5.70 11.20 4.00 1978 - 2017 percent Monthly



unemployment rate by Country

Last
Spain 17.22 Jun/17
Brazil 13.00 Jun/17
Italy 11.10 Jun/17
Turkey 10.20 May/17
France 9.50 Jun/17
Euro Area 9.10 Jun/17
Canada 6.30 Jul/17
Australia 5.60 Jul/17
Indonesia 5.33 Mar/17
Russia 5.10 Jul/17
India 4.90 Dec/13
Netherlands 4.80 Jul/17
United Kingdom 4.40 Jun/17
United States 4.30 Jul/17
China 3.95 Jun/17
Germany 3.80 Jun/17
South Korea 3.60 Jul/17
Mexico 3.30 Jun/17
Switzerland 3.00 Jul/17
Japan 2.80 Jun/17