Labor Force Participation Rate in Australia remained unchanged at 66 percent in November from 66 percent in October of 2019. Labor Force Participation Rate in Australia averaged 63.35 percent from 1978 until 2019, reaching an all time high of 66.20 percent in August of 2019 and a record low of 60.10 percent in April of 1983. source: Australian Bureau of Statistics

Labor Force Participation Rate in Australia is expected to be 66.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Australia to stand at 65.90 in 12 months time. In the long-term, the Australia Labor Force Participation Rate is projected to trend around 66.10 percent in 2020, according to our econometric models.

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Australia Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
66.00 66.00 66.20 60.10 1978 - 2019 percent Monthly
SA



Calendar GMT Actual Previous Consensus TEForecast
2019-09-19 01:30 AM Aug 66.2% 66.1% 66.1% 66%
2019-10-17 12:30 AM Sep 66.1% 66.2% 66.2% 66.1%
2019-11-14 12:30 AM Oct 66% 66.1% 66.1% 66.2%
2019-12-19 12:30 AM Nov 66% 66% 66% 66.1%
2020-01-23 12:30 AM Dec 66% 66% 66%


Australia Labor Force Participation Rate
The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.

Australia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.20 5.30 11.20 4.00 percent [+]
Employed Persons 12954.44 12919.19 12954.44 5997.67 Thousand [+]
Unemployed Persons 708.10 724.89 960.16 364.70 Thousand [+]
Part Time Employment 35698.00 -14319.00 72514.00 -73096.00 Persons [+]
Full Time Employment 4158.00 -10463.00 74789.00 -80833.00 Persons [+]
Employment Change 39856.00 -24782.00 99155.00 -74924.00 Persons [+]
Labor Force Participation Rate 66.00 66.00 66.20 60.10 percent [+]
Youth Unemployment Rate 11.50 12.50 20.10 7.60 percent [+]
Labour Costs 104.20 103.40 104.20 43.30 points [+]
Productivity 100.10 99.90 104.21 55.70 points [+]
Job Vacancies 237.10 236.50 244.90 28.40 Thousand [+]
Job Advertisements 142569.00 152817.00 258085.00 69799.00 [+]
Wages 1237.90 1225.30 1237.90 59.10 AUD/Week [+]
Wage Growth 2.20 2.30 4.30 1.90 percent [+]
Wages In Manufacturing 1338.30 1340.30 1340.30 333.00 AUD/Week [+]
Minimum Wages 740.80 719.20 740.80 522.12 AUD/week [+]
Population 25.18 24.70 25.18 10.39 Million [+]
Retirement Age Women 65.50 65.50 65.50 62.00 [+]
Retirement Age Men 65.50 65.50 65.50 65.00 [+]
Living Wage Family 2790.00 2920.00 2920.00 2770.00 AUD/Month [+]
Living Wage Individual 1770.00 1820.00 1820.00 1750.00 AUD/Month [+]
Wages High Skilled 6120.00 6250.00 6250.00 6120.00 AUD/Month [+]
Wages Low Skilled 2710.00 2670.00 2710.00 2670.00 AUD/Month [+]
Employment Rate 62.60 62.50 62.90 54.00 percent [+]