Australia Unemployment Rate - Forecast

Unemployment Rate in Australia is expected to be 5.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Australia to stand at 5.40 in 12 months time. In the long-term, the Australia Unemployment Rate is projected to trend around 5.60 percent in 2020, according to our econometric models.


Australia Unemployment Rate
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.



Australia Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 5.5 5.4 5.3 5.2 5.4 5.6
Employed Persons 12454 12495 12526 12542 12550 12532
Unemployed Persons 724 728 726 723 720 693
Part Time Employment 65900 11688 6223 6611 6597 6900
Full Time Employment -49800 3862 7551 7054 7039 7132
Employment Change 16000 22019 16711 14780 17100 15600
Labor Force Participation Rate 65.6 65.62 65.6 65.58 65.57 65.38
Youth Unemployment Rate 12.3 12.33 12.37 12.41 12.45 12.78
Productivity 101 98.88 98.46 98.25 98.15 97.78
Labour Costs 100 101 101 101 101 101
Job Vacancies 211 216 217 217 215 203
Job Advertisements 177961 178825 182512 182524 180536 146588
Wages 1192 1197 1202 1207 1212 1241
Wages In Manufacturing 1309 1290 1290 1310 1310 1400
Wage Growth 2.1 2.2 2.3 2.3 2.4 3.3
Minimum Wages 695 695 705 705 705 760
Population 24.13 24.26 24.26 24.26 24.3 24.66
Retirement Age Women 65.5 65.5 65.5 65.5 65.5 66
Retirement Age Men 65.5 65.5 65.5 65.5 65.5 66
Living Wage Family 3420 3500 3500 3500 3500 3600
Living Wage Individual 2420 2430 2431 2432 2433 2428
Wages Low Skilled 2440 2481 2481 2481 2481 2550
Wages High Skilled 6110 6200 6200 6200 6200 6400
Employment Rate 62 62.06 62.05 62.02 61.98 61.51