Labour Costs in Australia increased to 105.90 points in the first quarter of 2022 from 105.40 points in the fourth quarter of 2021. source: Australian Bureau of Statistics

Labour Costs in Australia averaged 75.10 points from 1985 until 2022, reaching an all time high of 106.20 points in the third 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 August of 2022.

Labour Costs in Australia is expected to be 108.00 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 2023, according to our econometric models.

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Australia Labour Costs

Related Last Previous Unit Reference
Unemployment Rate 3.50 3.90 percent Jun 2022
Unemployed Persons 493.86 548.13 Thousand Jun 2022
Employed Persons 13599.31 13510.89 Thousand Jun 2022
Part Time Employment 35500.00 -8700.00 Persons Jun 2022
Full Time Employment 52900.00 69400.00 Persons Jun 2022
Employment Change 88400.00 60600.00 Persons Jun 2022
Labor Force Participation Rate 66.80 66.70 percent Jun 2022
Youth Unemployment Rate 7.88 8.76 percent Jun 2022
Productivity 104.90 103.00 points Mar 2022
Labour Costs 105.90 105.40 points Mar 2022
Job Vacancies 480.10 423.50 Thousand Jun 2022
Wages 1328.90 1305.80 AUD/Week Dec 2021
Wage Growth 2.40 2.30 percent Mar 2022
Wages In Manufacturing 1462.00 1432.80 AUD/Week Dec 2021
Population 25.77 25.68 Million Dec 2021
Employment Rate 64.42 64.06 percent Jun 2022