Australia Youth Unemployment Rate

Youth Unemployment Rate in Australia increased to 11.90 percent in May from 11.80 percent in April of 2019. Youth Unemployment Rate in Australia averaged 13.40 percent from 1978 until 2019, 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.

Youth Unemployment Rate in Australia is expected to be 11.50 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 11.30 in 12 months time. In the long-term, the Australia Youth Unemployment Rate is projected to trend around 12.00 percent in 2020, according to our econometric models.

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Australia Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	5.20	5.20	11.20	4.00	percent	[+]
Employed Persons	12868.20	12826.00	12868.20	5997.66	Thousand	[+]
Unemployed Persons	704.70	707.00	960.05	364.68	Thousand	[+]
Part Time Employment	39837.00	43374.00	72829.00	-73123.00	Persons	[+]
Full Time Employment	2426.00	-285.00	74800.00	-80829.00	Persons	[+]
Employment Change	42264.00	43089.00	99144.00	-74898.00	Persons	[+]
Labor Force Participation Rate	66.00	65.80	66.00	60.10	percent	[+]
Youth Unemployment Rate	11.90	11.80	20.10	7.60	percent	[+]
Productivity	99.90	100.20	104.21	55.70	Index Points	[+]
Labour Costs	103.80	103.60	103.80	44.10	Index Points	[+]
Job Vacancies	244.90	242.90	244.90	28.40	Thousand	[+]
Job Advertisements	152689.09	166608.28	258084.63	69799.00		[+]
Wages	1225.30	1207.40	1225.30	59.10	AUD/Week	[+]
Wages In Manufacturing	1340.30	1304.50	1340.30	333.00	AUD/Week	[+]
Wage Growth	2.30	2.30	4.30	1.90	percent	[+]
Minimum Wages	740.80	719.20	740.80	522.12	AUD/week	[+]
Population	24.70	24.13	24.70	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 Low Skilled	2710.00	2670.00	2710.00	2670.00	AUD/Month	[+]
Wages High Skilled	6120.00	6250.00	6250.00	6120.00	AUD/Month	[+]
Employment Rate	62.40	62.40	62.90	54.00	percent	[+]

This page provides - Australia Youth Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Youth Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on June of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	11.90	11.80	20.10	7.60	1978 - 2019	percent	Monthly	SA

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Country	Last		Previous	Range
South Africa	55.20	Mar/19	54.7	55.9 : 48.8	%
Spain	32.70	Apr/19	33.8	56 : 17.2	%
Italy	31.40	Apr/19	30.6	43.4 : 19.4	%
Turkey	25.20	Mar/19	26.1	28.6 : 11	%
France	20.10	Apr/19	20.1	26 : 14.5	%
Euro Area	15.80	Apr/19	15.9	24.8 : 14.8	%
India	12.90	Dec/13	18.1	18.1 : 12.9	%
Australia	11.90	May/19	11.8	20.1 : 7.6	%
United Kingdom	10.40	Mar/19	10.2	22.3 : 9.7	%
South Korea	10.10	May/19	11.7	13.4 : 3.8	%
Canada	10.00	May/19	10.3	20.7 : 10	%
United States	8.50	May/19	8.3	19.5 : 7.8	%
Netherlands	6.20	Apr/19	6.4	17.7 : 6.2	%
Germany	5.30	Apr/19	5.3	15.9 : 5.3	%
Japan	3.90	Apr/19	3.6	10.9 : 1.6	%
Switzerland	1.80	May/19	1.9	5.7 : 1.4	%