Labor Force Participation Rate in Australia decreased to 64.80 percent in September from 64.90 percent in August of 2020. source: Australian Bureau of Statistics

Labor Force Participation Rate in Australia averaged 63.38 percent from 1978 until 2020, 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. This page provides the latest reported value for - Australia Labor Force Participation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Labor Force Participation Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.

Labor Force Participation Rate in Australia is expected to be 65.00 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 66.10 in 12 months time. In the long-term, the Australia Labor Force Participation Rate is projected to trend around 66.10 percent in 2021 and 66.30 percent in 2022, according to our econometric models.

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Australia Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
64.80 64.90 66.20 60.10 1978 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-07-16 01:30 AM Jun 64% 62.7% 63.6% 63.4%
2020-08-13 01:30 AM Jul 64.7% 64.1% 64.4% 64.3%
2020-09-17 01:30 AM Aug 64.8% 64.7% 64.7% 64.8%
2020-10-15 12:30 AM Sep 64.8% 64.9% 64.8% 64.8%
2020-11-19 12:30 AM Oct 64.9%
2020-12-17 12:30 AM Nov
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.

Australia Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.90 6.80 11.20 4.00 percent [+]
Employed Persons 12571.91 12583.41 12999.96 5997.66 Thousand [+]
Unemployed Persons 937.45 926.19 1008.30 364.69 Thousand [+]
Part Time Employment -9400.00 116951.00 251875.00 -371435.00 Persons [+]
Full Time Employment -20100.00 12100.00 74800.00 -236000.00 Persons [+]
Employment Change -29500.00 129100.00 227800.00 -607400.00 Persons [+]
Labor Force Participation Rate 64.80 64.90 66.20 60.10 percent [+]
Youth Unemployment Rate 14.50 14.10 20.10 7.60 percent [+]
Labour Costs 94.00 104.80 104.80 43.30 points [+]
Productivity 100.20 100.00 104.21 55.70 points [+]
Job Vacancies 226.50 237.10 244.90 28.40 Thousand [+]
Job Advertisements 118424.35 109894.37 258088.47 63568.34 [+]
Wages 1304.70 1257.00 1304.70 59.10 AUD/Week [+]
Wages In Manufacturing 1381.30 1350.60 1381.30 333.00 AUD/Week [+]
Wage Growth 1.80 2.20 4.30 1.80 percent [+]
Minimum Wages 753.80 740.80 753.80 522.12 AUD/week [+]
Population 25.60 25.18 25.60 10.39 Million [+]
Retirement Age Women 66.00 65.50 66.00 62.00 [+]
Retirement Age Men 66.00 65.50 66.00 65.00 [+]
Employment Rate 60.30 60.40 62.90 54.00 percent [+]


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.