Employment Rate in Australia decreased to 59.6 percent in April 2020 from 62.5 percent in the previous month. It was the lowest employment rate since July 2003, amid the coronavirus crisis.
Employment Rate in Australia averaged 59.07 percent from 1978 until 2020, reaching an all time high of 62.90 percent in April of 2008 and a record low of 54 percent in April of 1983. This page provides - Australia Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Employment Rate - values, historical data and charts - was last updated on May of 2020. source: Australian Bureau of Statistics
Employment Rate in Australia is expected to be 58.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Australia to stand at 58.00 in 12 months time. In the long-term, the Australia Employment Rate is projected to trend around 60.50 percent in 2021 and 62.40 percent in 2022, according to our econometric models.