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

Australia's seasonally adjusted unemployment rate unexpectedly fell to 5.4 percent in October of 2017 from 5.5 percent in the previous month while market expected 5.5 percent. It was the lowest jobless rate since February 2013, as the economy added 3,700 jobs while the number of unemployed declined by 8,100. 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 56-Month Low of 5.4%


Australia's seasonally adjusted unemployment rate unexpectedly fell to 5.4 percent in October of 2017 from 5.5 percent in the previous month while market expected 5.5 percent. It was the lowest jobless rate since February 2013, as the economy added 3,700 jobs while the number of unemployed declined by 8,100.

In October, the number of unemployed decreased by 8,100 to 701,500. The number of unemployed persons looking for full-time work remained steady at 485,900 and the number of unemployed persons only looking for part-time work fell by 8,100 to 215,600.

Employment increased by 3,700 to 12,297,100, the smallest rise since January and way below estimates of a 17,500 increase: Full-time employment rose by 24,300 to 8,425,400 while part-time employment decreased by 20,700 to 3,871,700.

The labour force participation rate edged down to 65.1 percent from 65.2 percent in the preceding two months and slightly below expectations of 65.2 percent. 

Seasonally adjusted aggregate monthly hours worked in all jobs increased 4.6 million hours (0.3 percent) to 1,723.7 million hours. Meantime, the seasonally adjusted employment to population ratio fell slightly to 61.6 from 61.7 in September.

ABS l Rida Husna | rida@tradingeconomics.com
11/16/2017 1:11:16 AM



Calendar GMT Actual Previous Consensus TEForecast
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%
2017-11-16 12:30 AM Unemployment Rate 5.4% 5.5% 5.5% 5.6%
2017-12-14 12:30 AM Unemployment Rate 5.4% 5.6%


Australia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.40 5.50 11.20 4.00 percent [+]
Employed Persons 12297.06 12293.40 12297.06 5995.56 Thousand [+]
Unemployed Persons 701.48 709.59 958.40 363.52 Thousand [+]
Part Time Employment -20679.00 17301.00 71835.00 -72719.00 Persons [+]
Full Time Employment 24300.00 9300.00 75000.00 -80900.00 Persons [+]
Employment Change 3700.00 26600.00 99400.00 -74800.00 Persons [+]
Labor Force Participation Rate 65.10 65.20 65.80 60.10 percent [+]
Youth Unemployment Rate 12.10 12.60 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 169577.02 167272.69 258083.73 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 2.00 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 [+]
Living Wage Family 3420.00 3440.00 3460.00 3420.00 AUD/Month [+]
Living Wage Individual 2420.00 2430.00 2440.00 2420.00 AUD/Month [+]
Wages Low Skilled 2440.00 2660.00 2660.00 2440.00 AUD/Month [+]
Wages High Skilled 6110.00 6250.00 6250.00 6110.00 AUD/Month [+]
Employment Rate 61.60 61.24 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 November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
5.40 5.50 11.20 4.00 1978 - 2017 percent Monthly




unemployment rate by Country
Country Last
Spain 16.38 Sep/17
Brazil 12.40 Sep/17
Italy 11.10 Sep/17
Turkey 10.60 Aug/17
France 9.70 Sep/17
Euro Area 8.90 Sep/17
Canada 6.30 Oct/17
Indonesia 5.50 Sep/17
Australia 5.40 Oct/17
Russia 5.10 Oct/17
Netherlands 4.50 Oct/17
United Kingdom 4.30 Sep/17
United States 4.10 Oct/17
China 3.95 Sep/17
Germany 3.60 Sep/17
Mexico 3.60 Sep/17
South Korea 3.60 Oct/17
India 3.46 Dec/16
Switzerland 3.00 Oct/17
Japan 2.80 Sep/17