Youth Unemployment Rate in Australia increased to 12.10 percent in January from 11.60 percent in December of 2019. Australia Youth Unemployment Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Youth Unemployment Rate in Australia averaged 13.38 percent from 1978 until 2020, reaching an all time high of 20.10 percent in October of 1992 and a record low of 7.60 percent in August of 2008. This page provides - Australia Youth Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Australian Bureau of Statistics
Youth Unemployment Rate in Australia is expected to be 11.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Australia to stand at 11.30 in 12 months time. In the long-term, the Australia Youth Unemployment Rate is projected to trend around 12.00 percent in 2021, according to our econometric models.