Youth Unemployment Rate in Australia averaged 13.40 percent from 1978 until 2021, reaching an all time high of 20.10 percent in October of 1992 and a record low of 7.60 percent in August of 2008. This page provides - Australia Youth Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Youth Unemployment Rate - values, historical data and charts - was last updated on May of 2021.
Youth Unemployment Rate in Australia is expected to be 12.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Australia to stand at 11.00 in 12 months time. In the long-term, the Australia Youth Unemployment Rate is projected to trend around 11.00 percent in 2022 and 12.00 percent in 2023, according to our econometric models.