Youth Unemployment Rate in Australia decreased to 10.23 percent in June from 10.70 percent in May of 2021. source: Australian Bureau of Statistics

Youth Unemployment Rate in Australia averaged 13.38 percent from 1978 until 2021, 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. This page provides - Australia Youth Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Youth Unemployment Rate - values, historical data and charts - was last updated on July of 2021.

Youth Unemployment Rate in Australia is expected to be 11.10 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 11.00 in 12 months time. In the long-term, the Australia Youth Unemployment Rate is projected to trend around 11.00 percent in 2022 and 12.00 percent in 2023, according to our econometric models.

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Australia Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
10.23 10.70 20.10 7.60 1978 - 2021 percent Monthly
SA

Australia Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.90 5.10 11.20 4.00 percent [+]
Employed Persons 13154.23 13125.15 13154.23 5997.66 Thousand [+]
Unemployed Persons 679.15 701.14 1007.90 364.69 Thousand [+]
Part Time Employment -22500.00 17800.00 252307.00 -370036.00 Persons [+]
Full Time Employment 51600.00 97500.00 97500.00 -236883.00 Persons [+]
Employment Change 29100.00 115100.00 226738.00 -606919.00 Persons [+]
Labor Force Participation Rate 66.20 66.20 66.30 60.10 percent [+]
Youth Unemployment Rate 10.23 10.70 20.10 7.60 percent [+]
Labour Costs 102.10 100.00 102.50 42.10 points [+]
Productivity 103.00 102.50 104.00 55.20 points [+]
Job Vacancies 362.50 288.70 362.50 26.80 Thousand [+]
Job Advertisements 211854.00 213895.00 255914.00 66887.00 [+]
Wages 1280.30 1304.70 1304.70 59.10 AUD/Week [+]
Wages In Manufacturing 1458.00 1381.30 1458.00 333.00 AUD/Week [+]
Wage Growth 1.50 1.40 4.30 1.40 percent [+]
Minimum Wages 772.60 753.80 772.60 522.12 AUD/week [+]
Population 25.68 25.60 25.68 10.39 Million [+]
Retirement Age Women 66.00 66.00 66.00 62.00 [+]
Retirement Age Men 66.00 66.00 66.00 65.00 [+]
Employment Rate 62.80 62.30 62.90 54.00 percent [+]