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 December 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


Related Last Previous Unit Reference
Unemployment Rate 5.20 4.60 percent Oct/21
Unemployed Persons 707.30 625.50 Thousand Oct/21
Employed Persons 12835.20 12881.50 Thousand Oct/21
Part Time Employment -5900.00 -166200.00 Persons Oct/21
Full Time Employment -40400.00 25100.00 Persons Oct/21
Employment Change -46300.00 -141100.00 Persons Oct/21
Labor Force Participation Rate 64.70 64.50 percent Oct/21
Youth Unemployment Rate 13.10 10.83 percent Oct/21
Labour Costs 104.90 102.10 points Jun/21
Productivity 102.00 103.00 points Jun/21
Job Vacancies 333.70 362.50 Thousand Sep/21
Wages 1305.80 1280.30 AUD/Week Jun/21
Wage Growth 2.20 1.70 percent Sep/21
Wages In Manufacturing 1432.80 1458.00 AUD/Week Jun/21
Population 25.68 25.60 Million Dec/20
Employment Rate 61.50 62.20 percent Sep/21