Labour Costs in Australia increased to 104.90 points in the second quarter of 2021 from 102.10 points in the first quarter of 2021. source: Australian Bureau of Statistics

Labour Costs in Australia averaged 74.46 points from 1985 until 2021, reaching an all time high of 104.90 points in the second quarter of 2021 and a record low of 42.10 points in the third quarter of 1985. This page provides - Australia Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Labour Costs - values, historical data and charts - was last updated on September of 2021.

Labour Costs in Australia is expected to be 105.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Labour Costs is projected to trend around 110.00 points in 2022, according to our econometric models.

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Australia Labour Costs

Actual Previous Highest Lowest Dates Unit Frequency
104.90 102.10 104.90 42.10 1985 - 2021 points Quarterly
SA, 2018-2019 = 100

Australia Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.50 4.60 11.20 4.00 percent [+]
Employed Persons 13165.40 13154.23 13165.40 5997.66 Thousand [+]
Unemployed Persons 639.24 679.15 1007.90 364.69 Thousand [+]
Part Time Employment -78200.00 8100.00 252307.00 -370036.00 Persons [+]
Full Time Employment -68000.00 -4200.00 97500.00 -236883.00 Persons [+]
Employment Change -146300.00 3100.00 226738.00 -606919.00 Persons [+]
Labor Force Participation Rate 65.20 66.00 66.30 60.10 percent [+]
Youth Unemployment Rate 10.67 10.23 20.10 7.60 percent [+]
Labour Costs 104.90 102.10 104.90 42.10 points [+]
Productivity 102.00 103.00 103.30 55.30 points [+]
Job Vacancies 362.50 288.70 362.50 26.80 Thousand [+]
Job Advertisements 195995.00 200984.00 255917.00 55440.00 [+]
Wages 1305.80 1280.30 1305.80 59.10 AUD/Week [+]
Wages In Manufacturing 1432.80 1458.00 1458.00 333.00 AUD/Week [+]
Wage Growth 1.70 1.50 4.30 1.40 percent [+]
Minimum Wages 772.60 753.80 772.60 522.12 AUD/week [+]
Population 25.68 25.60 25.68 10.39 Million [+]
Retirement Age Women 66.00 66.00 66.00 62.00 [+]
Retirement Age Men 66.00 66.00 66.00 65.00 [+]
Employment Rate 62.90 63.00 63.00 54.00 percent [+]