Youth Unemployment Rate in Australia increased to 12 percent in June from 11.90 percent in May of 2019. Youth Unemployment Rate in Australia averaged 13.40 percent from 1978 until 2019, reaching an all time high of 20.10 percent in October of 1992 and a record low of 7.60 percent in August of 2008.

Youth Unemployment Rate in Australia is expected to be 11.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Australia to stand at 11.20 in 12 months time. In the long-term, the Australia Youth Unemployment Rate is projected to trend around 12.00 percent in 2020, according to our econometric models.

Australia Youth Unemployment Rate
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Australia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.20 5.20 11.20 4.00 percent [+]
Employed Persons 12871.67 12871.20 12871.67 5997.67 Thousand [+]
Unemployed Persons 711.49 704.93 960.05 364.68 Thousand [+]
Part Time Employment -20625.00 42183.00 72505.00 -73138.00 Persons [+]
Full Time Employment 21096.00 3099.00 74800.00 -80829.00 Persons [+]
Employment Change 471.00 45283.00 99144.00 -74897.00 Persons [+]
Labor Force Participation Rate 66.00 66.00 66.00 60.10 percent [+]
Youth Unemployment Rate 12.00 11.90 20.10 7.60 percent [+]
Productivity 99.90 100.20 104.21 55.70 Index Points [+]
Labour Costs 103.80 103.60 103.80 44.10 Index Points [+]
Job Vacancies 243.20 244.90 244.90 28.40 Thousand [+]
Job Advertisements 159717.11 152736.83 258085.03 69798.90 [+]
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 740.80 719.20 740.80 522.12 AUD/week [+]
Population 25.18 24.70 25.18 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 62.50 62.60 62.90 54.00 percent [+]


Australia Youth Unemployment Rate

This page provides - Australia Youth Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Youth Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
12.00 11.90 20.10 7.60 1978 - 2019 percent Monthly
SA




Country Last Previous
South Africa 55.20 Mar/19
Spain 31.70 May/19
Italy 30.50 May/19
Turkey 25.20 Mar/19
India 23.70 Dec/18
France 20.20 May/19
Euro Area 15.70 May/19
Australia 12.00 Jun/19
Canada 10.70 Jun/19
South Korea 10.50 Jun/19
United Kingdom 10.40 Mar/19
United States 8.10 Jun/19
Netherlands 6.30 May/19
Germany 5.10 May/19
Japan 3.80 May/19
Switzerland 1.90 Jun/19


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