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

Australia's seasonally adjusted unemployment rate unexpectedly fell to 5.5 percent in September of 2017 from 5.6 percent in the previous month and below market expectations of 5.6 percent. It was the lowest jobless rate since May, as the number of unemployed declined by 11,800 while employment rose by 19,800 jobs. Unemployment Rate in Australia averaged 6.89 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 Falls to 4-Month Low of 5.5%


Australia's seasonally adjusted unemployment rate unexpectedly fell to 5.5 percent in September of 2017 from 5.6 percent in the previous month and below market expectations of 5.6 percent. It was the lowest jobless rate since May.

In September, the number of unemployed decreased by 11,800 to 711,500. The number of unemployed persons looking for full-time work declined by 10,600 to 487,100 and the number of unemployed persons only looking for part-time work fell by 1,200 to 224,400.

Meanwhile, employment went up by 19,800 to 12,290,200, the smallest rise since February, but beating estimates of a 15,000 increase: Full-time employment rose by 6,100 to 8,398,200 while part-time employment increased by 13,700 to 3,892,000.

The labour force participation rate stood at 65.2 percent, unchanged from the preceding month. The figure remained the highest since January 2016 and in line with market  expections.
 
Seasonally adjusted aggregate monthly hours worked in all jobs increased 11.2 million hours (0.7 percent) to 1,718.2 million hours. Meantime, the seasonally adjusted employment to population ratio remained steady at 61.6 percent.

Australian Bureau of Statistics l Chusnul Ch Manan | chusnul@tradingeconomics.com
10/19/2017 10:17:10 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-08-17 01:30 AM Unemployment Rate 5.6% 5.7% 5.6% 5.6%
2017-09-14 01:30 AM Unemployment Rate 5.6% 5.6% 5.6% 5.6%
2017-10-19 12:30 AM Unemployment Rate 5.5% 5.6% 5.6% 5.5%
2017-11-17 12:30 AM Unemployment Rate 5.5% 5.5%
2017-12-15 12:30 AM Unemployment Rate 5.5%


Australia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.50 5.60 11.20 4.00 percent [+]
Employed Persons 12290.20 12268.96 12290.20 5995.68 Thousand [+]
Unemployed Persons 711.46 727.45 958.42 363.58 Thousand [+]
Part Time Employment 13693.00 13564.00 72154.00 -72678.00 Persons [+]
Full Time Employment 6100.00 39500.00 75000.00 -80900.00 Persons [+]
Employment Change 19800.00 53000.00 99500.00 -74800.00 Persons [+]
Labor Force Participation Rate 65.20 65.20 65.80 60.10 percent [+]
Youth Unemployment Rate 12.60 12.70 20.22 7.61 percent [+]
Productivity 102.20 102.10 104.21 58.20 Index Points [+]
Labour Costs 99.80 99.30 102.50 45.40 Index Points [+]
Job Vacancies 201.30 189.20 201.30 28.40 Thousand [+]
Job Advertisements 180700.00 180786.00 258097.00 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 61.24 61.41 63.41 53.48 percent [+]


Australia Unemployment Rate

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 October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
5.50 5.60 11.20 4.00 1978 - 2017 percent Monthly




unemployment rate by Country

Last
Spain 17.22 Jun/17
Brazil 12.60 Aug/17
Italy 11.20 Aug/17
Turkey 10.70 Jul/17
France 9.50 Jun/17
Euro Area 9.10 Aug/17
Canada 6.20 Sep/17
Australia 5.50 Sep/17
Indonesia 5.33 Mar/17
Russia 5.00 Sep/17
Netherlands 4.70 Sep/17
United Kingdom 4.30 Aug/17
United States 4.20 Sep/17
China 3.95 Jun/17
South Korea 3.70 Sep/17
Germany 3.60 Aug/17
Mexico 3.60 Sep/17
India 3.46 Dec/16
Switzerland 3.00 Sep/17
Japan 2.80 Aug/17