Australia Unemployment Rate  1978-2016 | Data | Chart | Calendar

Australia's seasonally adjusted unemployment rate stood at 5.6 percent in October of 2016, the same as in September and in line with market expectations. The jobless rate stayed at the lowest level since September 2013, as the labor force participation was unchanged while the number of unemployed decreased by 2,000. Unemployment Rate in Australia averaged 6.93 percent from 1978 until 2016, reaching an all time high of 11.10 percent in October of 1992 and a record low of 4.00 percent in February of 2008.

Australia Unemployment Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-09-15 01:30 AM Aug 5.6% 5.7% 5.7% 5.7%
2016-10-20 12:30 AM Sep 5.6% 5.7% 5.7% 5.8%
2016-11-17 12:30 AM Oct 5.6% 5.6% 5.6% 5.6%
2016-12-15 12:30 AM Nov 5.6% 5.6%
2017-01-14 12:30 AM Dec
2017-01-19 12:30 AM Dec 5.6%




Australia Jobless Rate Steady at 5.6% in October


Australia's seasonally adjusted unemployment rate stood at 5.6 percent in October of 2016, the same as in September and in line with market expectations. The jobless rate stayed at the lowest level since September 2013, as the the labor force participation was unchanged while the number of unemployed decreased by 2,000.

In October, the seasonally adjusted labour force participation rate came in at 64.4 percent, similar to the previous month's figure.

Employment increased 9,800 to 11,938,900: full-time employment rose 41,500 to 8,126,390 and part-time employment decreased by 31,700 to 3,812,000.

Unemployment fell 2,000 to 705,100. The number of unemployed persons looking for full-time work increased 700 to 494,300 and the number of unemployed persons only looking for part-time work decreased by 2,700 to 210,800.

Seasonally adjusted aggregate monthly hours worked in all jobs increased 14.3 million hours to 1,674.8 million hours.

ABS l Rida Husna | rida@tradingeconomics.com
11/17/2016 1:10:58 AM



Australia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.60 5.60 11.10 4.00 percent [+]
Employed Persons 11938.88 11947.17 11965.57 5993.60 Thousand [+]
Unemployed Persons 705.12 705.07 953.14 365.04 Thousand [+]
Part Time Employment -31700.00 43186.00 75635.00 -76628.00 [+]
Full Time Employment 41500.00 -74300.00 77100.00 -74300.00 [+]
Employment Change 9800.00 -29000.00 90300.00 -69800.00 Persons [+]
Labor Force Participation Rate 64.40 64.40 65.80 60.14 percent [+]
Youth Unemployment Rate 12.61 12.81 20.22 7.61 percent [+]
Productivity 103.50 102.30 104.21 58.20 Index Points [+]
Labour Costs 99.90 100.10 102.50 45.40 Index Points [+]
Job Vacancies 175.30 171.90 190.00 28.40 Thousand [+]
Job Advertisements 164438.00 161499.00 258106.76 72752.60 [+]
Wages 1160.90 1145.70 1160.90 59.10 AUD/Week [+]
Wage Growth 1.90 2.10 4.30 1.90 percent [+]
Wages In Manufacturing 1282.70 1266.90 1282.70 333.00 AUD/Week [+]
Minimum Wages 656.90 640.90 656.90 543.78 AUD/week [+]
Population 23.94 23.61 23.94 10.39 Million [+]
Retirement Age Women 64.50 64.50 64.50 62.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Wages High Skilled 5350.00 6590.00 6590.00 5000.00 AUD/Month [+]
Living Wage Family 3500.00 3360.00 3500.00 3360.00 AUD/Month [+]
Living Wage Individual 2260.00 2260.00 2260.00 2240.00 AUD/Month [+]
Employment Rate 60.77 60.60 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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
5.60 5.60 11.10 4.00 1978 - 2016 percent Monthly



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Denmark 4.20 Oct/16
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Germany 4.10 Oct/16
North Korea 4.10 Dec/14
China 4.04 Sep/16
Myanmar 4.02 Dec/13
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Taiwan 3.90 Oct/16
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