Youth Unemployment Rate in Australia increased to 11.50 percent in November from 11.30 percent in October of 2018. Youth Unemployment Rate in Australia averaged 13.42 percent from 1978 until 2018, 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.

Youth Unemployment Rate in Australia is expected to be 12.00 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 12.20 in 12 months time. In the long-term, the Australia Youth Unemployment Rate is projected to trend around 13.00 percent in 2020, according to our econometric models.

Australia Youth Unemployment Rate
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Australia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.10 5.00 11.20 4.00 percent [+]
Employed Persons 12694.26 12657.25 12694.26 5997.80 Thousand [+]
Unemployed Persons 683.12 672.05 959.99 364.64 Thousand [+]
Part Time Employment 43422.00 -10828.00 72855.00 -73115.00 Persons [+]
Full Time Employment -6400.00 39500.00 81000.00 -81000.00 Persons [+]
Employment Change 37011.00 28651.00 99080.00 -75004.00 Persons [+]
Labor Force Participation Rate 65.70 65.50 65.80 60.10 percent [+]
Youth Unemployment Rate 11.50 11.30 20.10 7.60 percent [+]
Productivity 100.70 101.80 104.21 58.20 Index Points [+]
Labour Costs 102.20 100.60 102.50 45.40 Index Points [+]
Job Vacancies 242.90 240.90 242.90 28.40 Thousand [+]
Job Advertisements 175428.00 175510.00 258085.00 69799.00 [+]
Wages 1207.40 1191.50 1207.40 59.10 AUD/Week [+]
Wage Growth 2.30 2.10 4.30 1.90 percent [+]
Wages In Manufacturing 1304.50 1309.40 1309.40 333.00 AUD/Week [+]
Minimum Wages 719.20 694.90 719.20 522.12 AUD/week [+]
Population 24.70 24.13 24.70 10.39 Million [+]
Retirement Age Women 65.50 65.50 65.50 62.00 [+]
Retirement Age Men 65.50 65.50 65.50 65.00 [+]
Living Wage Family 2790.00 2920.00 2920.00 2770.00 AUD/Month [+]
Living Wage Individual 1770.00 1820.00 1820.00 1750.00 AUD/Month [+]
Wages Low Skilled 2710.00 2670.00 2710.00 2670.00 AUD/Month [+]
Wages High Skilled 6120.00 6250.00 6250.00 6120.00 AUD/Month [+]
Employment Rate 62.30 62.20 62.90 54.00 percent [+]


Australia Youth Unemployment Rate

This page provides - Australia Youth Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Youth Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
11.50 11.30 20.10 7.60 1978 - 2018 percent Monthly
SA




Country Last Previous
South Africa 52.80 Sep/18
Spain 34.10 Nov/18
Italy 31.60 Nov/18
Turkey 22.30 Oct/18
France 21.80 Nov/18
Euro Area 16.90 Nov/18
India 12.90 Dec/13
Australia 11.50 Nov/18
United Kingdom 11.40 Sep/18
Canada 11.10 Dec/18
United States 8.70 Dec/18
South Korea 8.60 Dec/18
Netherlands 6.90 Nov/18
Germany 6.10 Nov/18
Japan 3.50 Nov/18
Switzerland 2.40 Dec/18


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