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

Australia's seasonally adjusted unemployment rate unexpectedly rose to 5.9 percent in February of 2017 from 5.7 percent in January while markets expected 5.7 percent. It was the highest jobless rate since January 2016, as the economy lost 6,400 jobs while the number of unemployed increased by 26,000. Unemployment Rate in Australia averaged 6.92 percent from 1978 until 2017, reaching an all time high of 11.10 percent in October of 1992 and a record low of 4 percent in February of 2008.

Australia Unemployment Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-01-19 12:30 AM Dec 5.8% 5.7% 5.7% 5.7%
2017-02-16 12:30 AM Jan 5.7% 5.8% 5.8% 5.8%
2017-03-16 12:30 AM Feb 5.9% 5.7% 5.7% 5.7%
2017-04-13 01:30 AM Mar 5.9% 5.9%
2017-05-19 01:30 AM Apr 5.9%
2017-06-16 01:30 AM May 5.9%




Australia Jobless Rate At 13-Month High of 5.9% In February


Australia's seasonally adjusted unemployment rate unexpectedly rose to 5.9 percent in February of 2017 from 5.7 percent in January while markets expected 5.7 percent. It was the highest jobless rate since January 2016, as the economy lost 6,400 jobs while the number of unemployed increased by 26,000.

In February, the seasonally adjusted labour force participation rate came in at 64.6 percent, the same as in the prior month and in line with consensus.

Employment decreased 6,400 to 11,998,800 and missing markets estimates of 16,000 gain: full-time employment increased 27,100 to 8,158,900 while part-time employment decreased 33,500 to 3,840,000.

Unemployment increased 26,000 to 748,100. The number of unemployed persons looking for full-time work increased 10,800 to 523,800 and the number of unemployed persons only looking for part-time work increased 15,100 to 224,300.

Seasonally adjusted aggregate monthly hours worked in all jobs decreased 20.5 million hours to 1,661.9 million hours.

ABS l Rida Husna | rida@tradingeconomics.com
3/16/2017 1:11:29 AM



Australia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.90 5.70 11.10 4.00 percent [+]
Employed Persons 11998.82 11998.24 11998.82 5993.28 Thousand [+]
Unemployed Persons 748.10 720.25 953.57 365.22 Thousand [+]
Part Time Employment -33500.00 58340.00 75650.00 -76630.00 Persons [+]
Full Time Employment 27100.00 -44100.00 77100.00 -73300.00 Persons [+]
Employment Change -6400.00 13500.00 90200.00 -69800.00 Persons [+]
Labor Force Participation Rate 64.60 64.60 65.80 60.14 percent [+]
Youth Unemployment Rate 13.30 12.30 20.22 7.61 percent [+]
Productivity 101.90 101.90 104.21 58.20 Index Points [+]
Labour Costs 99.30 101.30 102.50 45.40 Index Points [+]
Job Vacancies 181.00 175.30 190.00 28.40 Thousand [+]
Job Advertisements 165643.04 166886.77 258099.14 72752.60 [+]
Wages 1163.50 1163.50 1163.50 59.10 AUD/Week [+]
Wages In Manufacturing 1295.10 1295.10 1295.10 333.00 AUD/Week [+]
Wage Growth 1.90 1.90 4.30 1.90 percent [+]
Minimum Wages 672.70 672.70 672.70 543.78 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 60.04 61.49 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 March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
5.90 5.70 11.10 4.00 1978 - 2017 percent Monthly



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China 4.02 Dec/16
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