Australia S Unemployment Rate Falls To Lowest Since 1974 Wsj Sydney—australia’s unemployment rate fell to its lowest level since august 1974 last month, further tightening the job market and supporting expectations that the reserve bank of. Meanwhile, the unemployment rate declined from 6.3% in february 1978 to 4.2% in june 2025, still above the 3.5% in september 2022 – the lowest rate in almost 50 years.
Australia S Unemployment Rate Hits Lowest Level Since 1974 Wsj The official unemployment rate in june fell to 3.5%. it’s almost 50 years – august 1974, to be exact – since it was lower. how we got there was through more people getting hired: 88,400 people compared with 60,600 the month before. this reduced total unemployment by 54,300, even as the labour force swelled by 34,200 to 14,093,000. Headline estimates of employment, unemployment, underemployment, participation and hours worked from the monthly labour force survey. Unemployment rate in australia remained unchanged at 4.30 percent in march. unemployment rate in australia averaged 6.51 percent from 1978 until 2026, reaching an all time high of 11.20 percent in december of 1992 and a record low of 3.40 percent in october of 2022. “despite the fall in overall unemployment and under employment in march, labour under utilisation is above 3 million australians for a 16th straight month. seasonal movements show that labour under utilisation has fallen in every march since the pandemic by an average of around 200,000.
Australia S Unemployment Rate Hits Lowest Level Since 1974 Wsj Unemployment rate in australia remained unchanged at 4.30 percent in march. unemployment rate in australia averaged 6.51 percent from 1978 until 2026, reaching an all time high of 11.20 percent in december of 1992 and a record low of 3.40 percent in october of 2022. “despite the fall in overall unemployment and under employment in march, labour under utilisation is above 3 million australians for a 16th straight month. seasonal movements show that labour under utilisation has fallen in every march since the pandemic by an average of around 200,000. Australia's jobless rate dropped to a seven month low and employment figures blew past forecasts in december, prompting markets to now factor in a more than 50% chance of an interest rate. While there are still challenges in our economy and people are still under pressure, we still have australia’s lowest average unemployment rate of any government in over 50 years. the labour force participation rate is at 66.8 percent, an increase from 66.6 percent recorded in february 2024. In december 2025, the unemployment rate in australia was 4.1 percent, lower than the pre covid 19 unemployment rate of around five percent. Australia unemployment rate is updated monthly, available from feb 1978 to mar 2026, with an average rate of 6.54%. the data reached an all time high of 11.22% in dec 1992 and a record low of 3.44% in oct 2022.
Unemployment Rate In Australia Fallsto Its Lowest In 50 Years Australia's jobless rate dropped to a seven month low and employment figures blew past forecasts in december, prompting markets to now factor in a more than 50% chance of an interest rate. While there are still challenges in our economy and people are still under pressure, we still have australia’s lowest average unemployment rate of any government in over 50 years. the labour force participation rate is at 66.8 percent, an increase from 66.6 percent recorded in february 2024. In december 2025, the unemployment rate in australia was 4.1 percent, lower than the pre covid 19 unemployment rate of around five percent. Australia unemployment rate is updated monthly, available from feb 1978 to mar 2026, with an average rate of 6.54%. the data reached an all time high of 11.22% in dec 1992 and a record low of 3.44% in oct 2022.
Australian Unemployment Rate Falls Slightly In May Wsj In december 2025, the unemployment rate in australia was 4.1 percent, lower than the pre covid 19 unemployment rate of around five percent. Australia unemployment rate is updated monthly, available from feb 1978 to mar 2026, with an average rate of 6.54%. the data reached an all time high of 11.22% in dec 1992 and a record low of 3.44% in oct 2022.
Australia S Unemployment Rate Continues Steady Rise Wsj
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