Current Unemployment Rate Australia 2024. Australian unemployment dipped last month and job gains exceeded estimates, highlighting the resilience of the country’s labor market to elevated interest. Unemployment rate increased to 4.0%.
Unemployment rate by sex and age. Australian unemployment dipped last month and job gains exceeded estimates, highlighting the resilience of the country’s labor market to elevated interest.
Participation Rate Remained At 66.7%.
Given australia’s labour force is currently growing at a record rate of 2.8% (600,000 people), around 38,000 jobs are needed to be created per month to keep the.
How Much Income You And Your Partner Have.
The seasonally adjusted unemployment rate rose by 0.1 percentage point to 3.8 per cent in march, according to.
In Trend Terms, In May 2024:
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Seasonally Adjusted Estimates For July 2022:
The unemployment rate has risen to 4.1 per cent with an estimated 500 jobs created in january, according to the australian bureau of statistics (abs).
The June 2024 Rba Meeting Is Expected To Hold At 4.35%.
For several months, i have predicted that australia’s unemployment rate would rise to around 5% by the end of this year, up from 3.9% currently.