Youth Unemployment Rate in Australia decreased to 11.80 percent in March from 12.90 percent in February of 2021. source: Australian Bureau of Statistics

Youth Unemployment Rate in Australia averaged 13.40 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 May of 2021.

Youth Unemployment Rate in Australia is expected to be 12.30 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
11.80 12.90 20.10 7.60 1978 - 2021 percent Monthly
SA

Australia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.60 5.80 11.20 4.00 percent [+]
Employed Persons 13077.59 13006.89 13077.59 5997.66 Thousand [+]
Unemployed Persons 778.09 805.20 1007.90 364.69 Thousand [+]
Part Time Employment 91505.00 -478.00 252307.00 -370036.00 Persons [+]
Full Time Employment -20799.00 89149.00 96411.00 -236883.00 Persons [+]
Employment Change 70706.00 88671.00 226738.00 -606919.00 Persons [+]
Labor Force Participation Rate 66.30 66.10 66.30 60.10 percent [+]
Youth Unemployment Rate 11.80 12.90 20.10 7.60 percent [+]
Labour Costs 100.00 92.50 102.50 42.10 points [+]
Productivity 102.50 102.90 104.00 55.20 points [+]
Job Vacancies 288.70 254.40 288.70 26.80 Thousand [+]
Job Advertisements 196611.66 190542.00 255912.00 64870.00 [+]
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 1.40 1.40 4.30 1.40 percent [+]
Minimum Wages 753.80 740.80 753.80 522.12 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 62.60 62.30 62.90 54.00 percent [+]