The number of employed persons in Australia jumped 42,300 from the previous month to 12,868,200 in May 2019, easily beating market consensus of a 17,500 gain and after an upwardly revised 43,100 increase in April. Full-time employed persons advanced 2,400 to 8,792,900, while part-time employed persons went up 39,800 to 4,075,400. Employed Persons in Australia averaged 8918.13 Thousand from 1978 until 2019, reaching an all time high of 12868.20 Thousand in May of 2019 and a record low of 5997.66 Thousand in February of 1978.
Employed Persons in Australia is expected to be 12900.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employed Persons in Australia to stand at 13120.00 in 12 months time. In the long-term, the Australia Employed Persons is projected to trend around 13500.00 Thousand in 2020, according to our econometric models.