Australia'S Unemployment Rate 2024. Unemployment rate increased to 4.1%. A line graph titled “australian unemployment rate.” with a vertical axis ranging from 0 to 8%, australia’s unemployment rate finished 2023 at 3.9% and is forecast to increase to 4.2%.
In trend terms, in february 2024: Unemployment rate decreased to 3.4%.
In Trend Terms, In June 2024:
Employment to population ratio remained at 64.1%.
The Reserve Bank Is Again Likely To Consider The Case For An Interest Rate Hike In August After Australia’s Labour Force Data Showed The Jobs Market Remained.
Australia’s headline unemployment rate rose to 4.1 per cent in april, up 0.2 percentage points from march.
Australia's Headline Unemployment Rate Rose To 4.1 Per Cent In April, Up 0.2 Percentage Points From March.
Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
Australia’s Unemployment Rate Dropped To 4.0% In May, Compared With The Expectations Of 4.0% And The Previous Figure Of 4.1%, According To The Official Data.
The unemployment rate rose to 3.5 per cent for men (up 0.1 percentage points), and remained steady for women at 3.4 per cent in rounded terms.