The number of unemployed persons in Australia decreased to 708.10 Thousand in November of 2019 from 724.89 Thousand in October of 2019. Unemployed Persons in Australia averaged 634.24 Thousand from 1978 until 2019, reaching an all time high of 960.16 Thousand in December of 1992 and a record low of 364.70 Thousand in June of 1981. source: Australian Bureau of Statistics
Unemployed Persons in Australia is expected to be 720.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in Australia to stand at 710.00 in 12 months time. In the long-term, the Australia Unemployed Persons is projected to trend around 680.00 Thousand in 2020, according to our econometric models.