Australia's seasonally adjusted unemployment rate edged up to 5.2 percent in April 2019 from an upwardly revised 5.1 percent in the previous month and slightly above market expectations of 5.1 percent. It was the highest jobless rate since August last year, as the economy added 28,400 jobs while the number of unemployed increased by 21,200. Unemployment Rate in Australia averaged 6.84 percent from 1978 until 2019, reaching an all time high of 11.20 percent in December of 1992 and a record low of 4 percent in February of 2008.

Unemployment Rate in Australia is expected to be 5.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Australia to stand at 4.90 in 12 months time. In the long-term, the Australia Unemployment Rate is projected to trend around 4.80 percent in 2020, according to our econometric models.

Australia Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-21 12:30 AM Unemployment Rate 5% 5% 5% 5%
2019-03-21 12:30 AM Unemployment Rate 4.9% 5% 5% 5%
2019-04-18 01:30 AM Unemployment Rate 5% 4.9% 5% 5%
2019-05-16 01:30 AM Unemployment Rate 5.2% 5.1% 5.1% 5.1%
2019-06-14 01:30 AM Unemployment Rate 5.2% 5%
2019-07-19 01:30 AM Unemployment Rate 5.10%
2019-08-16 01:30 AM Unemployment Rate 5.10%



Australia Jobless Rate Rises to 8-Month High of 5.2%

Australia's seasonally adjusted unemployment rate edged up to 5.2 percent in April 2019 from an upwardly revised 5.1 percent in the previous month and slightly above market expectations of 5.1 percent. It was the highest jobless rate since August last year, as the economy added 28,400 jobs while the number of unemployed increased by 21,200.

The number of unemployed rose by 21,200 to 703,900 in April. People looking for full-time work advanced 16,600 to 490,900 and those looking for only part-time work went up 4,600 to 212,900. Male unemployment increased by 11,400 and female unemployment went up by 9,800.

Employment went up 28,400 to 12,822,900 in April, easily beating market consensus of a 14,000 gain and after an upwardly revised 27,661 increase in March. Part-time employed persons went up 34,700 to 4,030,200, while full-time employed persons fell 6,300 to 8,792,700

The participation rate rose 0.2 points from a month earlier to 65.8 percent in April, slightly higher than forecasts of 65.7 percent. Meantime, the employment to population ratio was unchanged at 62.4 percent.

The underemployment rate rose 0.3 points to 8.5 percent in April. 

Seasonally adjusted monthly hours worked in all jobs increased by 2.5 million hours, or 0.1 percent, to 1,788.5 million hours.


ABS l Rida Husna | rida@tradingeconomics.com
5/16/2019 11:03:35 AM



Australia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.20 5.10 11.20 4.00 percent [+]
Employed Persons 12822.91 12794.52 12822.91 5997.66 Thousand [+]
Unemployed Persons 703.85 682.62 960.05 364.68 Thousand [+]
Part Time Employment 34723.00 -21503.00 72942.00 -73115.00 Persons [+]
Full Time Employment -6330.00 49164.00 74804.00 -80837.00 Persons [+]
Employment Change 28393.00 27661.00 99143.00 -74913.00 Persons [+]
Labor Force Participation Rate 65.80 65.60 65.80 60.10 percent [+]
Youth Unemployment Rate 11.80 11.70 20.10 7.60 percent [+]
Productivity 100.30 100.50 104.21 55.70 Index Points [+]
Labour Costs 103.60 102.60 103.60 44.10 Index Points [+]
Job Vacancies 244.90 242.90 244.90 28.40 Thousand [+]
Job Advertisements 166464.00 166676.00 261343.00 69799.00 [+]
Wages 1225.30 1207.40 1225.30 59.10 AUD/Week [+]
Wages In Manufacturing 1340.30 1304.50 1340.30 333.00 AUD/Week [+]
Wage Growth 2.30 2.30 4.30 1.90 percent [+]
Minimum Wages 719.20 694.90 719.20 522.12 AUD/week [+]
Population 24.70 24.13 24.70 10.39 Million [+]
Retirement Age Women 65.50 65.50 65.50 62.00 [+]
Retirement Age Men 65.50 65.50 65.50 65.00 [+]
Living Wage Family 2790.00 2920.00 2920.00 2770.00 AUD/Month [+]
Living Wage Individual 1770.00 1820.00 1820.00 1750.00 AUD/Month [+]
Wages Low Skilled 2710.00 2670.00 2710.00 2670.00 AUD/Month [+]
Wages High Skilled 6120.00 6250.00 6250.00 6120.00 AUD/Month [+]
Employment Rate 62.40 62.40 62.90 54.00 percent [+]


Australia Unemployment Rate

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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5.20 5.10 11.20 4.00 1978 - 2019 percent Monthly
SA




Country Last Previous
South Africa 27.60 Mar/19
Spain 14.70 Mar/19
Turkey 14.70 Feb/19
Brazil 12.70 Mar/19
Italy 10.20 Mar/19
Argentina 9.10 Dec/18
France 8.70 Mar/19
Euro Area 7.70 Mar/19
Saudi Arabia 6.00 Dec/18
Canada 5.70 Apr/19
Australia 5.20 Apr/19
Indonesia 5.01 Mar/19
Russia 4.70 Apr/19
South Korea 4.10 Apr/19
United Kingdom 3.80 Mar/19
China 3.67 Mar/19
United States 3.60 Apr/19
India 3.53 Dec/18
Netherlands 3.30 Apr/19
Germany 3.20 Mar/19
Mexico 3.20 Mar/19
Japan 2.50 Mar/19
Switzerland 2.40 Apr/19
Singapore 2.20 Mar/19


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