Australia Unemployment Rate

Unemployment Rate in Australia increased at 6.0 percent in June of 2014 from 5.80 percent in May of 2014. Unemployment Rate in Australia averaged 6.92 Percent from 1978 until 2014, reaching an all time high of 10.90 Percent in December of 1992 and a record low of 4 Percent in February of 2008. Unemployment Rate in Australia is reported by the Australian Bureau of Statistic.

   
 
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Australia Unemployment Rate


Actual Previous Highest Lowest Dates Unit Frequency
6.00 5.90 10.90 4.00 1978 - 2014 Percent Monthly
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 Up to 6% in June


Australian seasonally adjusted jobless rate increased by 0.1 percentage point to 6.0 percent in June of 2014, from a revised 5.9 percent in May. The number of unemployed persons increased by 20,300 to 741,700 in the month, while in trend terms the number of unemployed persons in June 2014 increased by 1,100 to 728,500.

June 2014 saw the adjusted participation rate increase by 0.1 percentage point to 64.7 percent. The trend participation rate was unchanged at 64.7 percent in the month.

The number of employed persons increased by 15,900 in June 2014 to 11,578,200 persons. In trend terms, employment increased by 10,600 persons to 11,582,400 persons in the month. The employment to population ratio, which expresses the number of employed persons as a percentage of the civilian population aged 15 years and over, remained steady at 60.8 percent seasonally adjusted. The trend employment to population ratio remained steady at 60.9 percent.
 
Seasonally adjusted full-time employment decreased by 3,800 persons to 8,062,500 persons while part-time employment increased by 19,700 persons in June 2014 to 3,515,700 persons. The increase in total employment resulted from: an increase in male part-time employment, up 15,000 persons; an increase in female full-time employment, up 6,700 persons; an increase in female part-time employment, up 4,800 persons and a decrease in male full-time employment, down 10,500 persons.

ABS l Rida l rida@tradingeconomics.com
7/10/2014 1:48:31 PM


Recent Releases

Australia Unemployment Rate Steady at 5.8% in May
Australia's unemployment rate remained steady at 5.8 percent in May 2014 (seasonally adjusted), while in trend terms the unemployment rate was also unchanged at 5.9 percent in the month. The number of unemployed persons increased by 3,200 to 717,100 in May 2014 (seasonally adjusted), while in trend terms the number of unemployed persons in May 2014 fell by 2,200 to 719,700. Published on 2014-06-12

Australia's Jobless Rate Unchanged at 5.8% in April
Australia's seasonally adjusted unemployment rate remained steady at 5.8 per cent in April while the number of people employed increased by 14,200 to 11,572,900. Published on 2014-05-08


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-04-10 02:30 AM Australia
Unemployment Rate
Mar 2014 5.8% 6% 6.0% 6%
2014-05-08 02:30 AM Australia
Unemployment Rate
Apr 2014 5.8% 5.8% 5.9% 5.9%
2014-06-12 02:30 AM Australia
Unemployment Rate
May 2014 5.8% 5.8% 5.9% 5.8%
2014-07-10 02:30 AM Australia
Unemployment Rate
Jun 2014 6.0% 5.9%(R) 5.9% 6%
2014-08-07 02:30 AM Australia
Unemployment Rate
Jul 2014 6.0% 5.8%


Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.00 5.90 10.90 4.00 Percent [+]
Employed Persons 11578.21 11562.28 11663.42 5997.60 Thousand [+]
Full Time Employment -3810.20 22209.50 87872.10 -75441.00 Persons [+]
Employment Change 15934.40 -5073.00 102560.50 -99994.20 Persons [+]
Unemployed Persons 741.65 721.32 959.30 366.20 Thousand [+]
Job Vacancies 132916.60 127452.20 261394.00 56560.60 [+]
Youth Unemployment Rate 12.70 12.70 20.30 7.70 Percent [+]
Productivity 105.10 104.50 105.10 60.00 Index Points [+]
Labor Force Participation Rate 64.69 64.59 65.96 60.23 Percent [+]
Wages 1114.20 1105.00 1114.20 59.10 AUD [+]
Wages In Manufacturing 1247.30 1223.10 1247.30 333.00 AUD [+]
Labour Costs 101.20 102.30 108.00 48.80 Index Points [+]
Population 23.13 22.72 23.13 10.28 Million [+]
Retirement Age Women 64.50 64.00 64.50 62.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]





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