Australia’s seasonally adjusted unemployment rate stood at 4.3% in March 2026, unchanged from February and in line with forecasts. Still, the latest reading remained at the highest level since last November, even as the number of unemployed fell by 3,700 to 656,300 from 660,100 in February. The number of part-time job seekers fell by 3,800 to 217,500, while those in full-time work rose by 4,600 to 438,800. Meanwhile, employment rose by 17,900 to 14.77 million, below estimates for a 20,000 increase, the weakest job growth since a contraction last November and following an upwardly revised gain of 49,600 in February. Full-time employment increased by 52,500 to 10.17 million, while part-time employment dropped by 34,600 to 4.59 million. The participation rate edged down to 66.8% from both February’s four-month high of 66.9% and market estimates. The underemployment rate held steady at 5.9%. Meanwhile, total monthly hours worked across all jobs rose by 9 million to 2,016 million. source: Australian Bureau of Statistics
Unemployment Rate in Australia remained unchanged at 4.30 percent in March. Unemployment Rate in Australia averaged 6.51 percent from 1978 until 2026, reaching an all time high of 11.20 percent in December of 1992 and a record low of 3.40 percent in October of 2022. 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 - data, historical chart, forecasts and calendar of releases - was last updated on April of 2026.
Unemployment Rate in Australia remained unchanged at 4.30 percent in March. Unemployment Rate in Australia is expected to be 4.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Unemployment Rate is projected to trend around 4.40 percent in 2027 and 4.20 percent in 2028, according to our econometric models.