Australia's seasonally adjusted unemployment rate was at 4.6% in September 2021, little changed from a near 13-year low of 4.5% in August and compared with market consensus of 4.8%. This was also the first rise in the jobless rate since September 2020, amid extended lockdowns in New South Wales, Victoria and the Australian Capital Territory. The number of unemployed rose by 8,900 to 626 thousand, as people looking for full-time work increased 4,900 to 418,400, and those looking for only part-time added 4,100 to 207,700. Meanwhile, employment fell 138,000 to 12.88 million, in line with forecasts, with part-time employment declining 164,700 while full-time employment increased 26,700. The participation rate was down 0.7 points to 64.5 percent, below estimates of 64.7. The underemployment rate inched down 0.1 points to 9.2 percent, and the underutilization rate rose 0.1 points to 13.9 percent. Monthly hours worked in all jobs advanced 15 million, or 0.9 percent, to 1,729 million hours. source: Australian Bureau of Statistics

Unemployment Rate in Australia averaged 6.78 percent from 1978 until 2021, reaching an all time high of 11.20 percent in December of 1992 and a record low of 4 percent in February of 2008. 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 - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

Unemployment Rate in Australia is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Unemployment Rate is projected to trend around 4.50 percent in 2022 and 4.00 percent in 2023, according to our econometric models.

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Australia Unemployment Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-07-15 01:30 AM Jun 4.9% 5.1% 5% 5%
2021-08-19 01:30 AM Jul 4.6% 4.9% 5% 5%
2021-09-16 01:30 AM Aug 4.5% 4.6% 4.9% 4.9%
2021-10-14 12:30 AM Sep 4.6% 4.5% 4.8% 4.7%
2021-11-19 12:30 AM Oct 4.6%
2021-12-17 12:30 AM Nov


News Stream
Australia Jobless Rate Little Changed
Australia's seasonally adjusted unemployment rate was at 4.6% in September 2021, little changed from a near 13-year low of 4.5% in August and compared with market consensus of 4.8%. This was also the first rise in the jobless rate since September 2020, amid extended lockdowns in New South Wales, Victoria and the Australian Capital Territory. The number of unemployed rose by 8,900 to 626 thousand, as people looking for full-time work increased 4,900 to 418,400, and those looking for only part-time added 4,100 to 207,700. Meanwhile, employment fell 138,000 to 12.88 million, in line with forecasts, with part-time employment declining 164,700 while full-time employment increased 26,700. The participation rate was down 0.7 points to 64.5 percent, below estimates of 64.7. The underemployment rate inched down 0.1 points to 9.2 percent, and the underutilization rate rose 0.1 points to 13.9 percent. Monthly hours worked in all jobs advanced 15 million, or 0.9 percent, to 1,729 million hours.
2021-10-14
Australia Jobless Rate Lowest in Near 14 Years
Australia's seasonally adjusted unemployment rate unexpectedly edged down to 4.5% in August 2021 from 4.6% in June and compared with market consensus of 4.9%. This was the tenth straight month of fall in the jobless rate and the lowest reading since November 2008, as the economy recovered further from the COVID-19 hit. The number of unemployed declined 21,900 to 617.1 thousand, as people looking for full-time work decreased 24,500 to 413,500, while those looking for only part-time added 2,700 to 203,600. Meantime, employment fell 146,300 to 13.02 million, worse than forecasts of a 90,000 decline, with full-time employment decreasing 6,800. and part-time employment declining 78,200. The participation rate was down 0.8 points to 65.2 percent, below estimates of 65.7. The underemployment rate rose 1.0 points to 9.3 percent, and the underutilization rate gained 0.9 points to 13.8 percent. Monthly hours worked in all jobs dropped 66 million, or 3.7 percent, to 1,714 million hours.
2021-09-16
Australia Jobless Rate Falls to 13-1/2-Year Low
Australia's seasonally adjusted unemployment rate unexpectedly dropped to 4.6% in July 2021 from 4.9% in June and compared with market consensus of 5%. This was the ninth straight month of fall in the jobless rate and the lowest reading since December 2008, as the economy recovered further from the COVID-19 hit. The number of unemployed declined 39,900 to 639.1 thousand, as people looking for full-time work decreased 22,300 to 437,800, and those looking for only part-time fell 17,500 to 201,500. Meantime, employment grew 2,200 to 13.15 million, beating forecasts of a 46,200 decline, with part-time employment increasing 6,400 while full-time employment decreasing 4,200. The participation rate was down 0.2 points to 66 percent, matching estimates. The underemployment rate rose 0.4 points to 7.9 percent, and the underutilization rate gained 0.1 points to 12.9 percent. Monthly hours worked in all jobs was down 3 million, or 0.2 percent, to 1,778 million hours.
2021-08-19
Australia Jobless Rate Lowest in a Decade
Australia's seasonally adjusted unemployment rate dropped to 4.9% in June 2021 from 5.1% in May and compared with market consensus of 5%. This was the eighth straight month of fall in the jobless rate and the lowest reading since June 2011, as the economy recovered further from the COVID-19 hit. The number of unemployed declined 22,000 to 679.1 thousand, as people looking for full-time work decreased 31,400 to 460,100, and those looking for only part-time added 9,400 to 219,000. Meantime, employment grew 29,100 to 13.15 million, compared with forecasts of a 30,000 gain, with full-time employment rising 51,600 while part-time employment falling 22,200. The participation rate was unchanged at 66.2 percent, below estimates of 66.3%. The underemployment rate rose 0.5 points to 7.9%, and the underutilization rate gained 0.3 points to 12.8%. Monthly hours worked in all jobs went down 33 million, or 1.8%, to 1,781 million hours.
2021-07-15

Australia Last Unit Reference Previous Highest Lowest
Unemployment Rate 4.60 percent Sep/21 4.50 11.20 4.00
Unemployed Persons 626.00 Thousand Sep/21 617.11 1007.90 364.69
Employed Persons 12884.60 Thousand Sep/21 13022.60 13165.40 5997.66
Part Time Employment -164681.00 Persons Sep/21 -78227.00 251833.00 -366403.00
Full Time Employment 26684.00 Persons Sep/21 -68048.00 97996.00 -225366.00
Employment Change -137997.00 Persons Sep/21 -146274.00 237597.00 -591769.00
Labor Force Participation Rate 64.50 percent Sep/21 65.20 66.30 60.10
Youth Unemployment Rate 10.80 percent Sep/21 10.70 20.10 7.60
Labour Costs 104.90 points Jun/21 102.10 104.90 42.10
Productivity 102.00 points Jun/21 103.00 103.30 55.30
Job Vacancies 333.70 Thousand Sep/21 362.50 362.50 26.80
Wages 1305.80 AUD/Week Jun/21 1280.30 1305.80 59.10
Wage Growth 1.70 percent Jun/21 1.50 4.30 1.40
Wages In Manufacturing 1432.80 AUD/Week Jun/21 1458.00 1458.00 333.00
Population 25.68 Million Dec/20 25.60 25.68 10.39
Employment Rate 61.50 percent Sep/21 62.20 63.00 54.00


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.