Youth Unemployment Rate in Australia remained unchanged at 13.90 percent in January from 13.90 percent in December of 2020. source: Australian Bureau of Statistics

Youth Unemployment Rate in Australia averaged 13.40 percent from 1978 until 2021, 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. Australia Youth Unemployment Rate - values, historical data and charts - was last updated on February of 2021.

Youth Unemployment Rate in Australia is expected to be 14.50 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 14.00 in 12 months time. In the long-term, the Australia Youth Unemployment Rate is projected to trend around 13.00 percent in 2022, according to our econometric models.

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Australia Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
13.90 13.90 20.10 7.60 1978 - 2021 percent Monthly
SA

Australia Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.40 6.60 11.20 4.00 percent [+]
Employed Persons 12939.90 12910.78 12999.96 5997.66 Thousand [+]
Unemployed Persons 877.64 911.99 1008.30 364.69 Thousand [+]
Part Time Employment 14300.00 5700.00 251875.00 -371435.00 Persons [+]
Full Time Employment 59000.00 35700.00 97000.00 -236000.00 Persons [+]
Employment Change 29100.00 50100.00 227800.00 -607400.00 Persons [+]
Labor Force Participation Rate 66.10 66.20 66.20 60.10 percent [+]
Youth Unemployment Rate 13.90 13.90 20.10 7.60 percent [+]
Labour Costs 92.60 94.00 104.80 43.30 points [+]
Productivity 102.90 104.00 104.00 55.20 points [+]
Job Vacancies 254.40 206.00 254.40 26.80 Thousand [+]
Job Advertisements 161582.00 159156.00 255930.00 64801.00 [+]
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 1.40 1.80 4.30 1.40 percent [+]
Minimum Wages 753.80 740.80 753.80 522.12 AUD/week [+]
Population 25.68 25.60 25.68 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 61.80 61.60 62.90 54.00 percent [+]