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.

Australia Youth Unemployment Rate
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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 [+]


Australia Youth Unemployment Rate

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




Country Last Previous
South Africa 55.20 Mar/19
Spain 32.70 Apr/19
Italy 31.40 Apr/19
Turkey 25.20 Mar/19
France 20.10 Apr/19
Euro Area 15.80 Apr/19
India 12.90 Dec/13
Australia 11.90 May/19
United Kingdom 10.40 Mar/19
South Korea 10.10 May/19
Canada 10.00 May/19
United States 8.50 May/19
Netherlands 6.20 Apr/19
Germany 5.30 Apr/19
Japan 3.90 Apr/19
Switzerland 1.80 May/19


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