Labour Costs in Australia increased to 104.20 Index Points in the third quarter of 2019 from 103.40 Index Points in the second quarter of 2019. Labour Costs in Australia averaged 75.19 Index Points from 1985 until 2019, reaching an all time high of 104.20 Index Points in the third quarter of 2019 and a record low of 43.30 Index Points in the third quarter of 1985. source: Australian Bureau of Statistics

Labour Costs in Australia is expected to be 104.62 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Australia to stand at 106.70 in 12 months time. In the long-term, the Australia Labour Costs is projected to trend around 111.67 points in 2020, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Australia Labour Costs

Actual Previous Highest Lowest Dates Unit Frequency
104.20 103.40 104.20 43.30 1985 - 2019 points Quarterly
SA, 2007-2008=100

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 [+]