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

Australia's seasonally adjusted unemployment rate unexpectedly fell to 5.5 percent in May of 2017 from 5.7 percent in April and below market estimates of 5.7 percent. It was the lowest jobless rate since February 2013, as the economy added 42,000 jobs while the number of unemployed declined by 18,600. 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 3.98 percent in February of 2008.

Australia Unemployment Rate
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-04-13 01:30 AM Mar 5.9% 5.9% 5.9% 5.9%
2017-05-18 01:30 AM Apr 5.7% 5.9% 5.9% 5.9%
2017-06-15 01:30 AM May 5.5% 5.7% 5.7% 5.7%
2017-07-20 01:30 AM Jun 5.5% 5.5%
2017-08-17 01:30 AM Jul 5.5%
2017-09-14 01:30 AM Aug 5.5%




Australia Jobless Rate Down To 51-Month Low Of 5.5%


Australia's seasonally adjusted unemployment rate unexpectedly fell to 5.5 percent in May of 2017 from 5.7 percent in April and below market estimates of 5.7 percent. It was the lowest jobless rate since February 2013, as the economy added 42,000 jobs while the number of unemployed declined by 18,600.

In May, the seasonally adjusted labour force participation rate increased to a 10-month high of 64.9 percent from 64.8 percent in the previous period, while the market expected 64.8 percent.

Employment increased by 42,000 to 12,152,600, exceeding market estimates of a 10,000 increase: full-time employment increased by 52,100 to 8,287,400 while part-time employment decreased by 10,100 to 3,865,200.

Unemployment fell by 18,600 to 711,900. The number of unemployed persons looking for full-time work decreased by 23,000 to 489,300 and the number of unemployed persons only looking for part-time work rose 4,400 to 222,700.

Seasonally adjusted aggregate monthly hours worked in all jobs increased 31.1 million hours (+1.87 percent) to 1,695.3 million hours.

ABS | Charles | charles@tradingeconomics.com
6/15/2017 3:47:50 PM



Australia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.50 5.70 11.20 3.98 percent [+]
Employed Persons 12152.61 12110.65 12152.61 5995.68 Thousand [+]
Unemployed Persons 711.91 730.49 958.42 363.55 Thousand [+]
Part Time Employment -10110.00 51850.00 73450.00 -72820.00 Persons [+]
Full Time Employment 52100.00 -5700.00 74900.00 -80900.00 Persons [+]
Employment Change 42000.00 46200.00 99500.00 -74800.00 Persons [+]
Labor Force Participation Rate 64.90 64.80 65.79 60.11 percent [+]
Youth Unemployment Rate 12.70 12.80 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 186.40 181.00 190.00 28.40 Thousand [+]
Job Advertisements 169994.00 169335.00 258097.00 69799.00 [+]
Wages 1163.50 1160.90 1163.50 59.10 AUD/Week [+]
Wages In Manufacturing 1295.10 1282.70 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 61.29 61.02 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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
5.50 5.70 11.20 3.98 1978 - 2017 percent Monthly



unemployment rate by Country

Last
Spain 18.75 Mar/17
Brazil 13.60 Apr/17
Turkey 11.70 Mar/17
Italy 11.10 Apr/17
France 9.60 Mar/17
Euro Area 9.30 Apr/17
Canada 6.60 May/17
Australia 5.50 May/17
Indonesia 5.33 Mar/17
Russia 5.20 May/17
Netherlands 5.10 May/17
India 4.90 Dec/13
United Kingdom 4.60 Apr/17
United States 4.30 May/17
China 3.97 Mar/17
Germany 3.90 Apr/17
South Korea 3.60 May/17
Mexico 3.50 Apr/17
Switzerland 3.10 May/17
Japan 2.80 Apr/17