Australia Unemployment Rate  1978-2018 | Data | Chart | Calendar

Australia's seasonally adjusted unemployment rate unexpectedly dropped to 5.4 percent in May of 2018 from 5.6 percent in the prior month while markets expected 5.5 percent. It is the lowest jobless rate since last November, as the economy added 12,000 jobs while the number of unemployed declined by 26,800. Unemployment Rate in Australia averaged 6.87 percent from 1978 until 2018, reaching an all time high of 11.20 percent in December of 1992 and a record low of 4 percent in February of 2008.

Australia Unemployment Rate
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Australia Jobless Rate Falls to 6-Month Low of 5.4%


Australia's seasonally adjusted unemployment rate unexpectedly dropped to 5.4 percent in May of 2018 from 5.6 percent in the prior month while markets expected 5.5 percent. It is the lowest jobless rate since last November, as the economy added 12,000 jobs while the number of unemployed declined by 26,800.

In May, the number of unemployed fell by 26,800  to 714,600, as those looking for full-time work decreased by 11,200 to 494,300, and those looking for only part-time work decreased  15,600 to 220,300.

Employment increased by 12,000 to 12,518,300, below estimates of an increase of 18,800. Full-time employment went down by 20,600 to 8,521,400, while part-time employment rose by 32,600 to 3.996,900. 

The labor force participation rate inched lower to 65.5 percent from 65.6 percent in a month earlier while markets 65.6 percent. 

Seasonally adjusted monthly hours worked in all jobs decreased by 24.2 million hours (1.4 percent) to 1,738.8 million hours. Meantime, the seasonally adjusted employment to population ratio declined by less than 0.1 percentage points to 61.9 percent in May.


ABS l Rida | rida@tradingeconomics.com
6/14/2018 1:52:18 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-04-19 01:30 AM Unemployment Rate 5.5% 5.5% 5.5% 5.4%
2018-05-17 01:30 AM Unemployment Rate 5.6% 5.5% 5.5% 5.5%
2018-06-14 01:30 AM Unemployment Rate 5.4% 5.6% 5.5% 5.5%
2018-07-19 01:30 AM Unemployment Rate 5.4% 5.4% 5.5%
2018-08-17 01:30 AM Unemployment Rate 5.5%
2018-09-14 01:30 AM Unemployment Rate 5.5%


Australia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.40 5.60 11.20 4.00 percent [+]
Employed Persons 12518.30 12506.26 12518.30 5997.85 Thousand [+]
Unemployed Persons 714.61 741.45 959.90 364.54 Thousand [+]
Part Time Employment 32648.00 -9650.00 72447.00 -73072.00 Persons [+]
Full Time Employment -20600.00 28000.00 79800.00 -81000.00 Persons [+]
Employment Change 12000.00 18400.00 99100.00 -75000.00 Persons [+]
Labor Force Participation Rate 65.50 65.60 65.80 60.10 percent [+]
Youth Unemployment Rate 11.60 12.50 20.10 7.60 percent [+]
Productivity 100.90 100.20 104.21 58.20 Index Points [+]
Labour Costs 101.10 101.20 102.50 45.40 Index Points [+]
Job Vacancies 234.20 220.80 234.20 28.40 Thousand [+]
Job Advertisements 175660.00 178636.00 258085.00 69799.00 [+]
Wages 1191.50 1179.00 1191.50 59.10 AUD/Week [+]
Wage Growth 2.10 2.10 4.30 1.90 percent [+]
Wages In Manufacturing 1309.40 1309.40 1309.40 333.00 AUD/Week [+]
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 3420.00 3440.00 3460.00 3420.00 AUD/Month [+]
Living Wage Individual 2420.00 2430.00 2440.00 2420.00 AUD/Month [+]
Wages Low Skilled 2440.00 2660.00 2660.00 2440.00 AUD/Month [+]
Wages High Skilled 6110.00 6250.00 6250.00 6110.00 AUD/Month [+]
Employment Rate 61.90 61.90 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 July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
5.40 5.60 11.20 4.00 1978 - 2018 percent Monthly




unemployment rate by Country
Country Last
Spain 16.74 Mar/18
Brazil 12.70 May/18
Italy 10.70 May/18
Turkey 9.60 Apr/18
France 9.20 Mar/18
Euro Area 8.40 May/18
Canada 6.00 Jun/18
Australia 5.40 May/18
Indonesia 5.13 Mar/18
Russia 4.70 May/18
United Kingdom 4.20 May/18
United States 4.00 Jun/18
Netherlands 3.90 May/18
China 3.89 Mar/18
South Korea 3.70 Jun/18
India 3.52 Dec/17
Germany 3.40 May/18
Mexico 3.20 May/18
Switzerland 2.40 Jun/18
Japan 2.20 May/18


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